The deed gives equal drawing limit to partners but profit ratio is different. On what basis will the drawing limit apply?

Correct answer: On the equal limit given in the deed

Direct answer: Option A is correct. The deed expressly gives each partner the same drawing limit. Therefore that equal limit is applied to each partner independently, even though the partners have different profit-sharing ratios. Profit ratio answers the question of how profit or loss is divided; it does not automatically determine how much each partner may withdraw. Option A works because a clear special condition in the deed governs drawings. Option B is wrong because the profit ratio is a different matter and cannot replace the stated drawing limit. Option C is wrong because capital ratio does not apply unless the deed specifically links drawings to capital. Option D is wrong because age has no accounting connection with the agreed limit. For example, if the equal limit is Rs 20,000 each, every partner has that limit unless another clause changes it; the profit ratio does not turn it into unequal limits. Exam cue: apply each clause to its own subject—profit ratio for profit, drawing limit for drawings.