Question : The profits of the firm for five years were agreed at Rs.40,000; Rs.60,000; Rs. 30,000 (loss); Rs.10,000 (loss); and Rs.90,000 respectively.
Q. Average profit is Rs ---

Option 1: Rs.30,000

Option 2: Rs.1,50,000

Option 3: Rs.40,000

Option 4: Rs.1,00,000

Question : P , Q and R  were partners. Their partnership deed provided that they were to share profits thus; P 26 per cent; Q 34 per cent; R  40 per cent; and that if a partner died, his capital should remain in the business for a stated period at a fixed rate of interest, but

Question : A and B were partners from 1st April 2018 with capitals of Rs. 60,000 and Rs. 40,000 respectively. They shared profits in the ratio of 3: 2. They carried on business for two years.

In the first year ended 31st March 2019, they earned a profit of Rs. 50,000 but in

Question : Mohit and Rohit were partners in a firm with the capitals of Rs.80,000 and Rs.40,000 respectively. The firm earned a profit of Rs.30,000 during the year. Mohit's share in the profit will be:

Question : P, Q and R  were partners. Their partnership deed provided that they were to share profits thus; P 26 per cent; Q 34 per cent; R  40 per cent; and that if a partner died, his capital should remain in the business for a stated period at a fixed rate of interest, but

Question : P, Q and R  were partners. Their partnership deed provided that they were to share profits thus; P 26 per cent; Q 34 per cent; R  40 per cent; and that if a partner died, his capital should remain in the business for a stated period at a fixed rate of interest, but