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I need help regarding this question ASAP A B and C formed a partnership and agreed the following profit and loss agreement: A will receive
I need help regarding this question ASAP
A B and C formed a partnership and agreed the following profit and loss agreement: A will receive salaries of 100 000 and 5% bonus on profit after salaries above 300,000 The remaining will be divided equally among themselves. If the profit for the year is 490 000 What is the share of profit by partner B Step by Step Solution
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