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Seeta and Geeta are partners sharing pro...

Seeta and Geeta are partners sharing profits and losses in the ratio 4 : 1. Meeta was manager who received the salary of Rs.4,000 p.m. in addition to a commission of 5% on net profits after charging such commission. Profit for the year is Rs.6,78,000 before charging salary. Find the total remuneration of Meeta.

A

Rs.78,000

B

Rs.88,000

C

Rs.87,000

D

Rs.76,000

Text Solution

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The correct Answer is:
A
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