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Arun and barun are partners in a firm. Arun is entitled to a commission of 10%on net profit after charging interest on capital and such commissions. Net profit of the firm is rupees 27000. Interest on Aaun's and Barun's capital are rupees 3000 and rupees 2000 respectively. Calculate Arun's commission |
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Answer» ARUN's COMMISSION will be 2200 net profit =27000 less INTEREST on cap =5000 =22000 now commission =10%of 22000=2200 hope this answer will help you |
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