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Question 8 Not yet answered Marked out of 0.50 Flag question M, N and O are partners sharing profit and losses in the ratio 2:1:1.
Question 8 Not yet answered Marked out of 0.50 Flag question M, N and O are partners sharing profit and losses in the ratio 2:1:1. N died on 1st Jun 2020. The sales from 1st January 2020 to 1st Jun 2020 was OMR 90,000. Sales for 2019 OMR 120,000 Profit for 2019 was OMR 28,000. Calculate Ns share of profit on the basis of turnover. O a OMR 20,997.00 b. None of the options O c. OMR 26,246.25 O d. OMR 5,249.25
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