A and B are partners in a firm. A is to get a commission of 10% of net profit before charging any commission. B is to get a commission of 10% on net profit after charging all commissions
A and B are partners in a firm. A is to get a commission of 10% of net profit before charging any commission. B is to get a commission of 10% on net profit after charging all commissions. Net profit before charging any commission was ₹ 55,000. Find out the commission of A and B.
[Ans. A’s Commission ₹ 5,500; B’s Commission ₹ 4,500.]
Anurag Pathak Answered question May 30, 2024
