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In a partnership firm, partner A is enti...

In a partnership firm, partner A is entitled a monthly salary of Rs.7,500. At the end of the year, firm earned a profit of Rs.75,000 after charging A's salary. If the manager is entitled a commission of 10% on the net profit after charging his commission, Manager's commission will be :

A

Rs.7,500

B

Rs.16,500

C

Rs.8,250

D

Rs.15,000

Text Solution

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The correct Answer is:
D
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