What share of profits would a ‘sleeping partner’ who has contributed 75% of the Total Capital get in the absence of a deed? Post category:Accountancy Reading time:1 mins read SOLUTION Equal share of profits. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhy is it important, to have a partnership deed in writing? Next PostIn the absence of any provision in the partnership deed, at what rate is a working partner entitled for remuneration? You Might Also Like Give two circumstances in which sacrificing ratio may be applied. September 26, 2022 What is Liquid Ratio? October 1, 2022 Pankaj, Naresh and Saurabh are partners sharing profits in the ratio of 3 : 2 : 1. On 1st April, 2019, Naresh retired on that date, Balance Sheet of the firm was as follows: August 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.