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Partners in a firm sharing profit …

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Partners in a firm sharing profit in the ratio of 7.5 there respective fixed capital were ravi 1000000 and mohbn 700000

    • Posted by Gurjant Singh 5 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Pranav Kumar 5 years, 6 months ago

    If profit will be share as compare to the ratio of their capital then, Ravi profit will be(1000000×7)/12 = 583333.33 Mohan profit will be (700000×5)/12 =291666.66

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    Rethinam Altorethinam 5 years, 6 months ago

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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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