send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
A, Y and Z are partners in the ratio of 5 : 4 : 3. A has given to Z a guarantee of minimum Rs10,000 profit. For the year ending 31st March 2019, firm’s profit is Rs28,800. A's share in profit will be :
Rs9,200
Rs9,600
Rs7,200
Rs12,000
- The partners A, Y, and Z share profits in the ratio of 5:4:3.
- Total profit is Rs28,800 for the year.
- Sharing ratio calculation:
- A's share = \( \frac{5}{12} \times 28,800 \) = Rs12,000
- Y's share = \( \frac{4}{12} \times 28,800 \) = Rs9,600
- Z's share = \( \frac{3}{12} \times 28,800 \) = Rs7,200
- Z receives a guarantee of Rs10,000 minimum profit from A.
- Since Z's calculated share is Rs7,200, A covers the shortfall of Rs2,800.
- A's adjusted share: Rs12,000 - Rs2,800 = Rs9,200
By: santosh ProfileResourcesReport error
Access to prime resources
New Courses