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A B share profit equally. Net profit is forty thousand rupees. A salary is thirty thousand and B salary is thirty thousand. Salary is payable only to available profit and ratio is equal. How much salary will each receive?

Answer and explanation

Correct answer: Twenty thousand rupees

Total salary is sixty thousand but profit is only forty thousand. In equal proportion each gets twenty thousand.

Related tags

SalaryInsufficient ProfitProportionateProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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