DK, AK and PK are partners sharing profits in the ratio of 5:3:2. DK died on 30th September
2020. Calculate his share of profit till the date of his death when sales for previous year 31st
March 2020 were Rs.2,00,000 and Profit for that year was Rs.20,000. Sales shows a growth
of 20% and percentage of profit earning is reduced by 1%.
_________ Amount of profit was calculated for DK.
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The new strain of COVID-19 reported in the United Kingdom seems to increase transmissibility and infection rate but the mutation has so far not affected the severity and case fatality of the disease, noted V.K. Paul, Member (Health), NITI Aayog, on Tuesday, speaking at a press conference.
He added that, as of now, the mutation had not been detected in India, and that it had no impact on the potential of the emerging vaccines being developed in India or available internationally. “There is no cause for concern, no need to panic, as of now. But we have to stay vigilant,” he said.
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