Rubina and Mukta were partners sharing profits & losses equally. As per the partnership agreement, the share of profit of the deceased partner will be worked out on the basis of sales, and specified that the sales during the year 2024-25 were Rs. 9,00,000, and profit for same period was Rs. 3,00,000 and the sales from April 1, 2025 - September 30, 2025 were Rs. 1,50,000 Rubina died on September 30, 2025. Calculate Rubina's share of profit.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Rs. 25,000
When the agreement says a deceased partner’s profit is to be worked out on the basis of sales, the profit for the part-year is estimated from last year’s ratio of profit to sales, and the partner’s share is taken from that figure.
Last year: profit Rs. 3,00,000 on sales of Rs. 9,00,000
Profit on sales of Rs. 1,50,000 (April 1 to September 30, 2025) = Rs. 3,00,000 ÷ Rs. 9,00,000 × Rs. 1,50,000 = Rs. 50,000
Rubina’s share (profits shared equally) = 1/2 × Rs. 50,000 = Rs. 25,000
Note: NTA picked this question from an NCERT (2026-27) illustration and changed the figures. Do not ignore NCERT while practising numericals.
NCERT (2026-27 edition):
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