Question

Shiv, Mohan and Hari are partners sharing profits in the ratio of 3 : 2 : 1. Shiv died on 30th September, 2025. His share of profit up to his date of death is to be calculated on the basis of sales till the date of death. Sales for the year ended 31st March, 2025 was 3,00,000 and profit for the same year was 22% on sales. Sales show a growth trend of 30% and percentage of profit earning is reduced by 2%. The share of profit credited to Shiv will be ______.

पर्याय

• ₹ 15,500

• ₹ 20,000

• ₹ 19,500

• ₹ 21,450

Answer 1

Shiv, Mohan and Hari are partners sharing profits in the ratio of 3:2: 1. Shiv died on 30th September, 2025. His share of profit up to his date of death is to be calculated on the basis of sales till the date of death. Sales for the year ended 31st March, 2025 was 3,00,000 and profit for the same year was 22% on sales. Sales show a growth trend of 30% and percentage of profit earning is reduced by 2%. The share of profit credited to Shiv will be ₹ 19,500.

Explanation:

Estimated Sales for the year ended 31st March, 2026 = ₹ `3,00,000 + 30/100 xx ₹ 3,00,000`

= 3,00,000 + 90,000

= ₹ 3,90,000

Estimated Sales till 30th September, 2025 = `₹ 3,90,000 × 6/12`

= ₹ 1,95,000

Estimated Profit till date of death = `₹ 1,95,000 × 20/100`

= ₹ 39,000

Shiv’s Share in Estimated Profit = `₹ 39,000 × 3/6`

= ₹ 19,500.