A, B and C were partners sharing profits and losses in the ratio of 2:2:1. Books are closed on 31st March every year. C died on November 5, 2018. Under the Partnership deed the executors of the deceased partner are entitled to his share of profit to the date of death calculated on the basis of last year’s profit. Profit for the year ended 31st March 2018 was Rs. 2,40,000. C’s share of profit will be

1
Rs.25,000
2
Rs.25,680
3
Rs.28,800
4
Rs.48,000

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