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Question Practice

How is profit shared in a partnership if not specified otherwise?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Forms of Business Organisation
Question Bank

How is profit shared in a part...

Single Answer MCQ
Q-00064449

How is profit shared in a partnership if not specified otherwise?

1

Equally among all partners

2

Based on capital contribution

3

According to seniority

4

Randomly distributed

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