P, Q and R are partners and share profits in the ratio of 3:2:1. R is given a guarantee that his share of profit will not be less than Rs. 50,000. Any deficiency will be borne by P and Q in the ratio of 3 : 2. Firm earned a profit of Rs. 2,70,000. Share of P in profits will be
Answers
Answered by
0
Answer:
R is guaranteed that his share of profit in any year will not be less than Rs. 50000 . ... Q's share - 3,50,000*4/10 = 1,40,000. ... The take C and new profit sharing ratio will be 3:2:1.
Explanation:
thinks it helped u
Similar questions