(i) Ratio of Profit to sales = 2,40,000/8,00,000 X 100 = 30%
Profit upto the date of death = 1,50,000 X 30% = ₹45,000
Profit sharing Ratio = 3:2:1
Harit’s Share of Profit = 45,000 X 1/6 = ₹7,500
Alternative: Harit’s Share of Profit = 2,40,000/8,00,000 X 1,50,000 X 1/6=₹7,500
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