12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    Mohit and Rohit were partners in a firm with capitals of Rs.80,000 and Rs.40,000 respectively. The firm earned a profit of Rs.30,000 during the year. Mohit's share in the profit will be :                                                            [CBSE]

    A) 20,000

    B) 10,000 

    C) 15,000  

    D) 18,000

    Correct Answer: C

    Solution :

    15,000


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