Question

X,Y,Z are partnerin a firm sharing profits and losses in the ratio of 6:4:1. X guaranteed a profit of 15,000 to Z. The net profit for the year ending 31 march 2020 was 99,000. X's share in the profit of the firm will be: *

Answer 1

Answer:

,Y,Z are partnerin a firm sharing profits and losses in the ratio of 6:4:1. X guaranteed a profit of 15,000 to Z. The net profit for the year ending 31 march 2020 was 99,000. X's share in the profit of the firm will be: *

Explanation:

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