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41. P, Q and R were partners sharing profits in the ratio of their Capital
contribution which were 6,00,000; 34,00,000 and 35,00,000 respectively.
Their books are closed on 31st March every year. P dies on 24th August,
2018. Under the partnership deed, deceased partner is entitled to his share of
profit/loss to the date of death based on the average profits of preceding three
years. Profits were 2015 50,000; 2016 1,20,000 (Loss); 2017 30,000 and
2018 $60,000. P's share of profit/loss will be :
(A) 3,200
(B) 6,400
(C) 12,000
(D) 4,800
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Answer:
answer is d
Explanation:
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