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2) The partners, X and Y, share profits 3:2. However, X is to receive a yearly bonus of 20% of the profits, in addition

2) The partners, X and Y, share profits 3:2. However, X is to receive a yearly bonus of 20% of the profits, in addition to his profit share. The partnership made a net income for the year of P96,000 before the bonus. Assuming X's bonus is computed on profit after deducting said bonus, how much profit share will Y receive? a. P48,000 b. P38,400 c. P64,000 d. P32,000

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