[CBSE] Q. 9 Death of Partner Solution TS Grewal Class 12 (2023-24)

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Solution of Question number 9 of the Death of Partner Chapter of TS Grewal Book 2023-24 Edition CBSE Board?

Dinkar, Navita and Vani were partners sharing profits and losses in the ratio of 3 : 2 : 1. Navita died on 30th June, 2017. Her share of profit for the intervening period was based on the sales during that period, which were ₹ 6,00,000. The rate of profit during the past four years had been 10% on sales. The firm closes its books on 31st March every year. Calculate Navita’s share of profit.

[Ans.: Navita’s Share of Profit = ₹ 60,000 × 2/6 = ₹ 20,000.]

Solution:-

Solutions of Death of Partner chapter 7 of TS Grewal Book class 12 Accountancy 2023-24 CBSE Board

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