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Find what the partners share should be

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Problem 1: Rav and Feb are partners agreeing to allow monthly salaries of P6,000 and P5,000, respectively; 6% interest on the capital investment at the beginning of the year of P300,000 and P230,000, respectively ; and the balance equally. The first year registered a profit of P100,000. The partners' share should be

a. Rav, 58100; Feb 41900

b. Rav 56600 ; Feb 43400

c. Rav 52600 ; Feb 47400

d. Rav 50000 : Feb 50000

Reference no: EM132760292

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