If A has annual salary of twenty four thousand rupees in profit distribution and he remained partner for full year what salary is considered?

Correct answer: Twenty four thousand rupees

An annual salary is the amount fixed for a complete year. When a partner remains in the firm for the entire accounting year, the whole annual amount is allowed in the profit distribution calculation. Thus, A’s salary is twenty four thousand rupees. The word “annual” already refers to a full year, so no division or multiplication is needed.

If A had worked for only half a year, the amount would normally be calculated proportionately as ₹24,000 × 6/12 = ₹12,000. However, the question clearly says that A remained a partner for the full year. Therefore, option A is correct. Option B would apply only to a six-month period, while option D would wrongly double the annual salary.