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A B C profit ratio is three to three to four. Total profit is one lakh rupees. C is guaranteed minimum fifty thousand and A alone bears deficiency. What is A final profit?

Answer and explanation

Correct answer: Twenty thousand rupees

C actual share is forty thousand so deficiency is ten thousand. A actual share was thirty thousand and after deduction it becomes twenty thousand.

Related tags

GuaranteeA Bears DeficiencyFinal ProfitProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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