Mathematics

Mathematics, 15.12.2021 14:00, DarinKing2005

A, T and N are partners sharing profits in the ratio of 3: 2: 1 N dies on 31st May 2014. Sales for the year 2013-2014 amounted to TZS 4,00,000 and the profit on sales is TZS 60,000. Accounts are closed on 31 March every year. Sales from 1st April 2014 to 31st May 2014 is ` 1,00,000 Calculate the deceased partner’s share in the profit up to the date of death.

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A, T and N are partners sharing profits in the ratio of 3: 2: 1 N dies on 31st May 2014. Sales for t...

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