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The partners capital are: Modibbo #60,000And Jakata #90,000. The partners shareP...


Question

The partners capital are: Modibbo #60,000

And Jakata #90,000. The partners share

Profit and losses in the ratio of their capital

Contributions.

The net profit for the year is #12,000.Find Modibbo's share of the profit

Options

A) #62,000

B) #48,000

C) #44,000

D) #43,000

The correct answer is B.


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