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What is bs share of the profit

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Question - A, B, and C are partners. They share profits and losses in the following manner:

Each partner receives a "salary" of $10,000

Each partner receives "interest" of $15,000

Any remaining amount (or shortage) will be divided equally

This year, the partnership has a profit of $100,000

Required - What is B's share of the profit?

Reference no: EM132565314

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