A, B and C are partners sharing profits in the ratio of 3:2:1 . C died on 1st August, 2019. The profit earned by the firm during last year ending 31st March, 2019 was ₹ 9,00,000. C ‘s share of profit up to the date of death on the basis of last year’s profit will be:
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¹1st August, 2019
Explanation:
August, 2019. The profit earned by the firm during last year ending 31st March, 2019 was ₹ 9,00,000. C ‘s share of profit up to the date of death on the basis of last year’s profit will be:
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