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If a profit-increasing adjustment of ₹12,000 is to be shared between A and B in the ratio 3:1, what is B's share?

Answer and explanation

Correct answer: Three thousand rupees

The ratio is 3:1 so total parts = 3 + 1 = 4. B has 1 part. B's share = (1/4) × ₹12,000 = ₹3,000. Option B (₹9,000) would be A's share (3/4 × ₹12,000); Option C (₹12,000) is the entire amount; Option D (₹6,000) corresponds to an equal split (1:1). Exam tip: add the ratio parts first, divide the total by total parts, then multiply by the required party's parts.

Related tags

Partnership AccountsAdjustmentsRatioProfit SharingPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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