alleryNet profit ₹90,000; A's salary ₹12,000; interest on capitals ₹18,000 total. Profit available for distribution is
A₹78,000
B₹72,000
C₹90,000
D₹60,000
Answer & Solution
Correct answer: D. ₹60,000
Distributable profit = 90,000 − 12,000 (salary) − 18,000 (interest) = ₹60,000.
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