A, B and C are partners sharing profits and losses in the ratio of 2 : 2 : 1 respectively. A is entitled to a commission of 10% on the net profit. Net profit for the year is ₹ 1,10,000. Determine the amount of commission payable to A.

A, B and C are partners sharing profits and losses in the ratio of 2 :

1.	A, B and C are partners sharing profits and losses in the ratio of 2 : 2 : 1 respectively. A is entitled to a commission of 10% on the net profit. Net profit for the year is ₹ 1,10,000. Determine the amount of commission payable to A.
Answer» A, B and C are partners sharing PROFITS and losses in the ratio of 2 : 2 : 1A 's commission on the NET profitNet profit of the YEAR 1,10,000commission payable to A = 1,10,000 × 10/100 = 11000 ans.hope it's help u

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A, B and C are partners sharing profits and losses in the ratio of 2 : 2 : 1 respectively. A is entitled to a commission of 10% on the net profit. Net profit for the year is ₹ 1,10,000. Determine the amount of commission payable to A.

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