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A, B and C are partners sharing profits and losses in the ratio of 2 : 2: 1 respectively. A is entitled to a
A, B and C are partners sharing profits and losses in the ratio of 2 : 2: 1 respectively. A is entitled to a commission of 10% on the net profit. Net profit for the year is Rs. 1,10,000. Determine the amount of commission payable to A.
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
