B, C and D are partners sharing profits in the ratio 7 : 5 : 4. D died on 30th June, 2017 and profits for the year 2016-2017 were ? 12,000. How much share in profits will be credited to D’s account?
A. Rs 3,000
B. Rs 750
C. Nil
D. Rs 1,000
Answer:B
B, C and D are partners sharing profits in the ratio 7 : 5 : 4. D died on 30th June, 2017 and profits for the year 2016-2017 were ? 12,000. How much share in profits will be credited to D’s account?
A. Rs 3,000 B. Rs 750 C. Nil D. Rs 1,000