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A gets salary Rs 25000 and commission Rs 15000. Remaining profit is Rs 120000 shared by A and B in ratio three to two. What is As total claim?

Answer and explanation

Correct answer: Rs 112000

As three fifth share in remaining profit is Rs 72000. Adding salary and commission gives total claim Rs 112000.

Related tags

SalaryCommissionTotal ClaimProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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