Profit or loss on revaluation in case of admission is borne by:

a.

Remaining partners

b.

All of the options

c.

Old partners

d.

New partners

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Manager is entitled to a commission of 10% of net profits after charging such commission. The firms net profit during a year is OMR 11,000. The amount of managers commission will be:

a.

None of these are correct

b.

OMR 1,100

c.

OMR 1,000

d.

OMR 11,000