Q. 62 DK Goel Retirement of Partner Solutions Class 12 CBSE (2024-25)

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Here are the solutions of Question number 62 of Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2024-25)

A, B and C are sharing profits in the ratio of 4 : 3 : 2. A dies on 31st December, 2022. Accounts are closed on 31st March every year. Sales for the year ending 31st march, 2022 amounted to ₹ 4,00,000. Sales of ₹ 3,30,000 amounted between the period from 1st April 2022 to 31st December 2022. The profit for the year ending 31st March, 2022 amounted to ₹ 60,000.

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Calculate the deceased partner’s share in the current year’s profits of the firm.

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[Ans. ₹ 22,000]

Solution:-

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Anurag Pathak
Anurag Pathak

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