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M, L and A are partners sharing profits in the ratio of 9:4:3. They have taken
English
Reconstitution of Partnership Firm: Retirement / Death of a Partner
Question
Updated
19 Aug 2026
M, L and A are partners sharing profits in the ratio of 9:4:3. They have taken a joint life policy of ₹ 96,000. A dies. What is the share of A in the JLP amount ?
A
Choose Your Answer
A
₹ 18,000
B
₹ 24,000
C
₹ 54,000
D
₹ 20,000
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