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

Anurag Pathak
April 11, 2023
[CBSE] Fundamentals of Partnership Firm, [CBSE] TS Grewal Solutions, Accountancy Class 12th

Anurag Pathak 24.00K April 11, 2023 0 Comments

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.

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