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How much profit share will RJ receive

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Problem - The partners of RJ and AG, share profits 3:2. However, RJ is to receive a yearly bonus of P20 percent of the net profits after deducting said bonus, in addition to his profit share. The partnership made a net income for the year of P24,000 before the bonus. How much profit share will RJ receive?

Reference no: EM132886304

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