(3) A, B and C were partners sharing profits and losses in the ration of 2:1:2. C died after 6 months
Calculate the share of profit due to C on the basis of average proet of last 2 years. The profits were
20.000 and 30,000.
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Answer:
Average profit = 20000+30000/2= 25000
C share in profit = 25000*2/5*6/12
= 5000
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