If the profit sharing ratio is not mentioned in the partnership deed, then profits will be shared .

equally

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

randomly

No worries! We‘ve got your back. Try BYJU‘S free classes today!

in fixed ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!

in agreed ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A equally
The profit will be shared equally if there is no deed. If there is a deed and it mentions a ratio, profits will be shared in that ratio.

Suggest Corrections

Similar questions

If the partners mutually don't agree the profit sharing ratio, then they share profits ___________.

If the partners mutually agree with the profit sharing ratio, then they share profits ___________.

Join BYJU'S Learning Program