CA CPT Model Test Paper 11 with solutions for online practice

A and B were partners in a joint venture sharing profits and losses in the proportion of $\frac{3}{5}$th and $\frac{2}{5}$th respectively. A supplies goods to the value of Rs. 60,000 and incurs expenses amounting Rs. 6,000. B supplies goods to the value of Rs. 16,000 and his expenses amount to Rs. 3,000. B sells goods on behalf of the joint venture and realizes Rs. 1,20,000. B entitled to a commission of 5% on sales. B settles his account by bank draft. How much amount, B will pay to A as final settlement?