X and Y are partners sharing …

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X and Y are partners sharing profits and
losses in the ratio 4:1. Z was manager who
received the salary of Rs. 8,000 p.m. in
addition to a commission of 5% on net profits
after charging such commission. A profit for
the year is Rs. 13,56,000 before charging
salary. Find the total remuneration of Z.
(a) Rs. 1,56,000
(b) Rs. 1,76,000
(c) Rs. 1,74,000
(d) Rs. 1,52,000
Posted by Stvan Sharrma 6 years, 7 months ago
- 0 answers
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