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P and Q invested in a hotel with Rs. 35000 and Rs. 25000 respectively. R comes along and puts a condition that each must share the profit equally. To do so, he

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Chapter 14: Question & Answers

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Two people invested * 15000 and * 25000 respectively to start a business. Theydecided to share the profits

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Chapter 17: Questions & Answers

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Budget

Amit, Balan and Chander were partners in a firm sharing profits in the proportion of 1 / 2,1 / 3 and 1 / 6 respectively. Chander retired on 1st April, 2014. The

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A, B and C are partners. They have invested Rs.35000, Rs. 25000 and 10,000 respectively for the same period. If the total profit is Rs. 18000, find the share of A.

1 Section - I Direction for questions 1–4: Read the following passage

NCERT Solutions for Class 12 Accountancy Chapter 2 Accounting for Partnership : Basic Concepts - Infinity Learn by Sri Chaitanya