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X,y&z are partners sharing profit equally.as …

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X,y&z are partners sharing profit equally.as per partnership deed,z is entitled to a commission of 10% on the net profit after charging such commission. The net profit before charging commission is 220000. Determine the amount of commission payable to z.

Posted by Shweta Singh 7 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Jaskaran Saroya 7 years, 7 months ago

Z' s commission = 220000 ( 10/110) =20000

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