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C Xolani, Reagan and Gurswin started a trailer-hiring business in 2013. The business generated an income of R225 025 for the year. During the same period, the business incurred a total of R100 025 in operating expenses 1.3.1 Calculate the profit of the business during 2013. Profit=Total Income - Total Expenses 1.3.2 They shared the profit such that Reagan and Gurswin each received R50 000. Determine the amount Xolani received from the profit (3) sharing. (3) 120
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