The deceased partner’s estimated annual share of profit, based on the previous year, is ₹9,84,000. If he died 6 months after the beginning of the financial year and profit is assumed to accrue evenly throughout the year, what amount of profit is credited to him up to the date of death?

Correct answer: ₹4,92,000

Profit credited up to the date of death = Annual share of profit × fraction of the year completed = ₹9,84,000 × 6/12 = ₹4,92,000. Therefore, option A is correct. Option B represents only four months’ profit, not six months’ profit. Exam tip: For death or retirement adjustments, multiply the annual profit by the elapsed months divided by 12; if the partner’s profit-sharing ratio is given, apply that ratio before calculating the time proportion.