Mohit and Sobhit are partners sharing profits in the ratio of 3:2. Rohit was admitted for 1/6th share of profit with a minimum guaranteed profit of ₹ 10,000
Mohit and Sobhit are partners sharing profits in the ratio of 3:2. Rohit was admitted for 1/6th share of profit with a minimum guaranteed profit of ₹ 10,000. At the close of the first financial year, the firm earned a profit of ₹ 54,000. Find the share of profit which Mohit, Sobhit, and Rohit will get.
Anurag Pathak Changed status to publish April 11, 2024
