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A's monthly salary is Rs 7500 and he was a partner for only eight months in the year. If the salary is time-proportionate, what total salary should be credited to A?

Answer and explanation

Correct answer: Rs 60000

Time-proportionate salary means monthly salary multiplied by the number of months served. A's monthly pay is Rs 7500 and he served 8 months, so total = Rs 7500 × 8 = Rs 60000. Closest distractor Rs 90000 represents 12 months (full year) and is therefore incorrect. Exam tip: first write down monthly amount and months served, then multiply — this avoids proportionality mistakes.

Related tags

Partner SalaryTime ProportionNumericalPartnership AccountsProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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