• Written By: Adminm

Distribution of gross and net profit in a partnership

Question: ASSALAMALAYKUM MY BUSINESS PARTNER INVESTED A CERTAIN AMOUNT AND HE WANTS ONE PERCENT OF THE PROFITS. BUT THE PROBLEM IS MY SALE IS 25 LACKS, MY PROFIT IS 5 % AND I HAVE EXPENCES, SALARES AND RENT. I TOLD HIM I WILL GIVE PROFIT ON MARGIN BUT HE TOLD...