1.

B, C and D are partners sharing profits in the ratio 7 : 5 : 4. D died on 30th June, 2017 and profits for the year 2016-2017 were ? 12,000. How much share in profits will be credited to D’s account? (a) Rs 3,000 (b) Rs 750 (c) Nil (d) Rs 1,000

Answer»

Correct answer is (b) Rs 750



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