Question

Ramesh and Suresh are partners in the ratio of 3 : 2. Before profit distribution, 'Ramesh is entitled to 5% commission of the net profit (after charging such commission). Before charging commission, firm's profit was ₹ 84,000. Suresh's share in profit will be ______.

विकल्प

• ₹ 32,000

• ₹ 48,000

• ₹ 56,000

• ₹ 32,800

Answer 1

Ramesh and Suresh are partners in the ratio of 3 : 2. Before profit distribution, 'Ramesh is entitled to 5% commission of the net profit (after charging such commission). Before charging commission, firm's profit was ₹ 84,000. Suresh's share in profit will be ₹ 32,000.

Explanation:

Firms profit after charging commission `= 84,000 xx 5/105 = 4000`

= 84,000 - 4,000 = 80,000

Suresh's share in profit = ₹ `80,000 xx 2/5 `= ₹ 32,000