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plz tell me the exact solution of Q12 (ii) of accountancy sample ppr of 2018-19
  • 2 answers

Soumyajeet Pal 7 years, 1 month ago

Profit/sale =200000/1200000 = 1/6 Again sales growth trend of 20% There fore 20% of 1200000 = 240000 Therefore sales = 1200000+2400000= 1440000 Profit = 1440000*5/10*3/12*1/6 =30,000 Where 5/10 is Death partner's share 3/12 is the number of months the death parter was alive 1/6 is the profit by sale (shown above).

Syed Khabib 7 years, 1 month ago

You need to wait for sometime. ..
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