Class 12th Account chapter 1 question 33 solution (ts grewal)

33. Shiv, Mohan and Gopal are partners sharing profits in the ratio of 3 : 2 : 1. Shiv is entitled to a commission of 10% on profit. Net profit for the year ended 31st March, 2024 is ₹ 3,30,000.

Determine the amount of commission payable to Shiv.