A and B enter to a joint venture sharing profit and losses in the ratio 2:1. A purchase goods costing 2,00.000 B sold the profit for 2,50,000 A is entitied to get 1% commission on purchase and B is...

A and B enter to a joint venture sharing profit and losses in the ratio 2:1. A purchase goods costing 2,00.000 B sold the profit for 2,50,000 A is entitied to get 1% commission on purchase and B is entitied to get 5% commisson on sales . how much the profit on venture will be