Mehar and Priya are partners sharing profit in the ratio 3 ∶ 1. On 31st March 2021, the firm's net profit is ₹4,00,000. The partnership deed provided interest on capital to Mehar and Priya ₹40,000 and ₹30,000 respectively. Mehar is also entitled to commission @10% on net divisible profits, before charging such commission. What will be the commission payable to Mehar?
1
₹3,000
2
₹30,000
3
₹33,000
4
₹40,000
5
None of the above