Bert, Ben and Bello are partners in a sports equipment store with capital investments of 150,000, 200,000 and 300,000, respectively. Partnership agreement provided for the following: monthly salary of 10,000 to Ben who is the managing partner, 12% interest on capital contributions, remaining profit to be allocated equally.

Direction: For Ben to be credited for a profit share of 200,000, how much should be the company earn?

12. Bert, Ben and Bello are partners in a sports equipment store with capital investments of P150,000, P200,000 and P300,000, respectively, Partnership agreement provides for the following: monthly salary of P10,000 to Ben who is the managing partner, 12% interest on capital contributions, remaining profit to be allocated equally. Direction: For Ben to be credited for a profit share of P200,000, how much should the company earn