Accountancy, asked by siya44427, 29 days ago

X and Y are two partner sharning profits and losses equally X has to get a comission of 10% of net profit before charging any comission and B has to get a commission of 10% of net profit after charging all commission . Net profit for the year ended 31st,march 2016 before charging any commission was rs 220000. show distribution of profit.​

Answers

Answered by riya56326
0

Explanation:

Net Profit before charging commission= 220000

Rate of commission= 10% of net profit after charging such commission

B's commission= [Rate/(100+Rate)]* Net profit

= [10/(100+10)] * 220000

= 20000

Answered by harshrathore641
0

Explanation:

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