Dinkar, Navita and Vani were partners sharing profits and losses in the ratio of 3: 2: 1. Navita died on 30th June, 2017. Her share of profit for the intervening period was based on the sales during that period, which were Rs. 6,0,0000. The rate of profit during the past four years had been 10% on sales. The firm close sits books on 31st March every year. (C.B.S.E. 2019, Rajasthan)

SOLUTION

Navita’s share Rs. 20,000.