Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

A, B and C share profits in the ratio 5:3:2. C is guaranteed a minimum of ₹25,000 by A and B in their profit-sharing ratio. If total profit is ₹90,000, what is A’s final share?

Answer and explanation

Correct answer: ₹40,625

First calculate the partners’ normal shares from the agreed ratio. C’s normal share is 2/10 of ₹90,000, or ₹18,000. The guarantee requires C to receive at least ₹25,000, so the deficiency is ₹25,000−₹18,000=₹7,000. This deficiency is borne by A and B in their own ratio, 5:3. A therefore bears 5/8 of ₹7,000, equal to ₹4,375. A’s normal share is 5/10 of ₹90,000, equal to ₹45,000. After the guarantee adjustment, A’s final share is ₹45,000−₹4,375=₹40,625. Hence option A is correct. Option B ignores the guarantee adjustment, while C and D do not follow the stated ratio and deficiency.

Related tags

PartnershipProfit GuaranteeProfit DistributionAdjustmentsAccountancyClass 12 McqPartnership Accounts Basic Concepts

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.