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If last year profit of Rs 60000 was shared equally though correct ratio was two to one how much extra should A have received?

Answer and explanation

Correct answer: Rs 10000

Correctly A should get Rs 40000 but under equal sharing he received Rs 30000. So he should receive Rs 10000 extra.

Related tags

Past AdjustmentWrong RatioProfit CorrectionProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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