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A and B are in partnership sharing profits in a 3:2 ratio. Net profit for the year ended 31.12.20X5 was 12,000. Interest on capital was
A and B are in partnership sharing profits in a 3:2 ratio. Net profit for the year ended 31.12.20X5 was 12,000. Interest on capital was allocated as 400 to A and 250 to B. B received a partnership salary of 5,000. How much was A's share of profit
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