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Quiz

Amit, Sumit and Kiara are partners sharing profits an ratio 2: 2: 1. Sumit is entitled to a commission of 15 after charging such commission. The net profit will be:

Rohit Sharma March 31, 2023

These are the options for the Question: Amit, Sumit and Kiara are partners sharing profits an ratio 2: 2: 1. Sumit is entitled to a commission of 15 after charging such commission. The net profit will be: (A) %1,20,000 (B) % 1,358,000 (C) % 48,000 (D) 755,200

  The correct answer is - (B) % 1,358,000.