Mathematics · Partnership Accounting
A, B and C are partners sharing profits in the ratio 7 : 5 : 4. C died on 30 June, 2022 and profits for the accounting year 2021-22 were ₹24,000. How much share in profits for the period 1 April, 2022 to 30 June, 2022 will be credited to C's account?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹3,000
- 2₹2,000
- 3₹6,000
- 4₹1,500✓
Correct answer
₹1,500
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