mukesh, dhaval and vinod are the partners of a partnership firm. Their capital proportion is 4:2:3. dhaval and vinod has given assurance to mukesh that he will get minimum ₹35,000 from the profit. the profit of the year is ₹90,000. how would you distribute the profit among the partners?
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Answer:
mukesh share of profit =40000
dhaval share of profit =20000
Vinod share of profit =30000
Explanation:
mukesh profit =90000*4/9=40000
dhaval profit =90000*2/9=20000
Vinod profit =90000*3/9=30000
here mukesh had got minimum 35000 so there will be no further adjustments ,but if his profit is less than 35000 then Vinod and dhaval should sacrifice there profit to him in there share of profit ratio
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