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A B profit ratio is four to three. B gets seven percent commission before charging commission. Profit before commission is one lakh rupees and remaining profit is shared in ratio. What is A final profit?

Answer and explanation

Correct answer: About fifty three thousand one hundred forty three rupees

B commission is seven thousand and remaining profit is ninety three thousand. A share is four sevenths which is about fifty three thousand one hundred forty three.

Related tags

Commission Before ChargingProfit RatioFinal ShareProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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