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A B and C share profits in the ratio 4:3:2. C is guaranteed a minimum of ₹36000 by A alone. Total profit is ₹135000. What is A's final share?

Answer and explanation

Correct answer: ₹54000

C's normal share is ₹30000 so A bears the deficiency of ₹6000. A's normal share ₹60000 reduces to ₹54000.

Related tags

PartnershipGuaranteeProfit AdjustmentAdjustmentsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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