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In a partnership of A, B and C, C has a capital deficiency of Rs 6,000. A and B will bear it in the ratio \\(3:4\\). How much burden will fall on A?

Answer and explanation

Correct answer: About Rs 2571.43

Total ratio = 3 + 4 = 7. A's share = \\(\frac{3}{7}\\) of the deficiency. So A bears \\(6000\times\frac{3}{7}=2571.428...\\), approximately Rs 2,571.43. Option B corresponds to B's share (\\(\frac{4}{7}\\) of 6000) and is therefore incorrect; C and D assume equal or full bearing and are also incorrect. Exam tip: convert the given ratio into a fraction of the total ratio: share = given part/(sum of parts) × total amount.

Related tags

PartnershipDeficiencyRatio-AllocationCapital-DeficiencyAccountingProfit DistributionPartnership Accounts Basic ConceptsAccountancy

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