Assuming that profit is earned uniformly throughout the year, what is the estimated profit up to the date of the partner’s death after 8 months, based on the previous year’s profit of ₹1,08,000?

Correct answer: ₹72,000

Estimated profit up to death = Previous year’s profit × 8/12 = ₹1,08,000 × 8/12 = ₹72,000. Therefore, option A is correct. ₹54,000 represents six months’ profit, not eight months’ profit. In the examination, multiply the previous year’s profit by the number of months up to death and divide by 12.