Profits and losses of a partnership firm are shared by the partners......

In the ratio of capital contributed

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Equally

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As per agreement

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According to seniority

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Solution

The correct option is C As per agreement
Option C is the correct answer.

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Profits and losses of a partnership firm are shared by the partners......

The correct option is C As per agreementOption C is the correct answer.

The correct option is C As per agreement
Option C is the correct answer.