Vismay, Abhjit and Kunal are partners sharing profit-loss in the propo

1.	Vismay, Abhjit and Kunal are partners sharing profit-loss in the proportion of 3 : 2 : 4. Manger is to be paid 10% commission on profit but after the deduction of his such share the share of profit of Abhijit is ₹ 30,000. Determine the commission of manager.
Answer» Abhijit received ₹ 30,000 as profit share for his 2/9^th share ∴ 2/9 ^th share Profit = ₹ 30,000 then for 1 share (?) = 30, 000 × 1 × \(\frac{9}{2}\) = ₹ 1, 35,000 ∴ Divisible profit of a firm = ₹ 1,35,000 Now, manager is to be paid 10% commission on profit = 1,35,000 × \(\frac{10}{100}\) = ₹ 13,500

Vismay, Abhjit and Kunal are partners sharing profit-loss in the proportion of 3 : 2 : 4. Manger is to be paid 10% commission on profit but after the deduction of his such share the share of profit of Abhijit is ₹ 30,000. Determine the commission of manager.

Answer»

Abhijit received ₹ 30,000 as profit share for his 2/9^th share

∴ 2/9 ^th share Profit = ₹ 30,000 then for 1 share (?) = 30, 000 × 1 × \(\frac{9}{2}\) = ₹ 1, 35,000

∴ Divisible profit of a firm = ₹ 1,35,000

Now, manager is to be paid 10% commission on profit = 1,35,000 × \(\frac{10}{100}\) = ₹ 13,500