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Profit Sharing
Source: Clackr original
A and B share profits 3 : 2. Net profit Rs. 4,50,000. Interest on capital at 10%: A Rs. 30,000 on Rs. 3,00,000 and B Rs. 20,000 on Rs. 2,00,000. The remaining Rs. 4,00,000 is shared as A Rs. 2,40,000 and B Rs. 1,60,000.
Typing details
- 44 words, 219 characters
- 11 figures to type exactly
- About 1 minute at 40 WPM
About Figures & Abbreviations
Figures, entries and abbreviations: journal entries with amounts, GST invoice workings, depreciation, ratios and profit sharing. They build accuracy with the digits and punctuation of commerce work, where one wrong figure changes the meaning.