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Accountancy · 2023 · 1 mark

CBSE 2023 · Region 1 · Set 1 · Q16

P, Q and R were partners in a firm sharing profits and losses in the ratio of 4: 3: 1. P died on 1st September, 2022. On the date of P's death, the…

P, Q and R were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : $\displaystyle 3$ : 1. P died on 1st September, 2022. On the date of P's death, the profit s of the firm were calculated as ₹ $\displaystyle 80$,000. P's share of profit will be adjusted by :
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.