32. Shiv, Mohan and Gopal are partners sharing profits and losses in the ratio of 2 : 2:1. Shiv is entitled to commission of 10% on profit. Net profit for the year is ₹1,10,000.
Determine the amount of commission payable to Shiv.
Answer :
TSG_12th Chap 1_Partership Fundamentals_Solution 32