Question:
Babita’s share in profit will be:
Babita’s share in profit will be:
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Profit is distributed among partners based on the agreed profit-sharing ratio or as specified in the partnership deed.
Updated On: Jan 20, 2025
- \rupee60,000 (2) \rupee30,000
- Nil
- NIL
- \rupee1,00,000
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The Correct Option is A
Solution and Explanation
Babita’s share in profit is calculated based on the profit-sharing ratio specified in the problem.
Assuming the total profit available for distribution and Babita’s ratio, the share amounts to \rupee60,000.
This value is consistent with the calculation and the given options.
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