Dinesh share of profit up to his date of death on the basis of actual sales till date of death - Accountancy - Reconstitution- Retirement/Death of a Partner

Question

Dinesh share of profit up to his date of death on the basis of
actual sales till date of death sales for the year ended 31st March
2018 was 12 and profit for the same year was 200000 sales show
growth trend of 20% and percentage of profit remain same

Khushbu Hirani · Accepted Answer

Dear student
Date of death of Dinesh is not mentioned Also the year for which
the calculation has to be done is not mentioned
If sales is Rs 1200000 and profit was Rs 200000 and if sales show
growth trend of 20%
â€‹â€‹â€‹â€‹â€‹â€‹
then the profit for next year will be 200000+200000*20%=240000
The share of Dinesh in profit upto the date of death shall be given
to him

Hope this information will clear your doubt
Regards

Dinesh share of profit up to his date of death on the basis of actual sales till date of death .sales for the year ended 31st March 2018 was 12 and profit for the same year was 200000 sales show growth trend of 20% and percentage of profit remain same.