CBSE 2022 · Region 4 · Set 2 · Q2

A, B and C were partners in a firm sharing profits and losses in the ratio of $\displaystyle 7$ : $\displaystyle 2$ : 1. The firm closes its books on 31st March every year. On 30th June, $\displaystyle 2022$, A died. A's share of profit in the year of his death was to be calculated on the basis of the profit of the previous year. The profit of the firm for the year ended 31st March, $\displaystyle 2022$ was ₹ $\displaystyle 16,00$,000. Calculate A's share of profit in the year of his death.