MCQOPTIONS
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| 1. |
A partnership firm maintains its accounts on calendar year basis. B, one of the three partners died on 31/03/10. The profit of the firm for the year 2009 was Rs.75,000, which was distributed among the partners equally. The share of B in the profits of the firm till the date of his death on the basis of previous year’s profits will be Rs. __ |
| A. | 25,000 |
| B. | 6,250 |
| C. | 18, 750 |
| D. | 37,500 |
| Answer» C. 18, 750 | |