X and Y are partners sharing profits and
losses in the ratio 4:1. Z was manager who
received the salary of Rs. 8,000 p.m. in
addition to a commission of 5% on net profits
after charging such commission. A profit for
the year is Rs. 13,56,000 before charging
salary. Find the total remuneration of Z.
(a) Rs. 1,56,000
(b) Rs. 1,76,000
(c) Rs. 1,74,000
(d) Rs. 1,52,000
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Answer:
losses in the ratio 4:1. Z was manager who
received the salary of Rs. 8,000 p.m. in
addition to a commission of 5% on net profits
after charging such commission. A profit for
the year is Rs. 13,56,000 before charging
salary. Find the total remuneration of Z.
(a) Rs. 1,56,000
(b) Rs. 1,76,000
(c) Rs. 1,74,000
(d) Rs. 1,52,000 ubub
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