Sarthaks Test
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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 before charging such commission. The net profit before charging commission is Rs.1, 10,000. Find out commission payable to A.

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Net profit before charging commission = 1,10,000

Commission to A = 10% of on net profit before charging such commission

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