SolveIt is under development
SolveItNCERT · CBSE · NEET
Question 124 / 250 · latest first
✓ Board-verified
Accountancy · 2024 · 1 mark

CBSE 2024 · Region 3 · Set 2 · Q11

Nicku, Mala and Ritu were partners in a firm sharing profits in the ratio of 5: 3: 2. Nicku died on 30th September, 2023. The deceased partner was…

Nicku, Mala and Ritu were partners in a firm sharing profits in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. Nicku died on 30th September, 2023. The deceased partner was entitled to his share of profit up to the date of death which was to be calculated on the basis of previous year's profit. The previous year's profit was ₹ $\displaystyle 80$,000. Nicku's share of profit will be :
ShareWhatsAppTelegram

More from Reconstitution of a Partnership Firm – Retirement/Death of a Partner

CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.