Question

sell acc
4.
(Q3) A. B. and C are partner's sharing profits in the ratio of 5:3:2 According
to the partnership agreement C is to get a minimum amount of Rs. 10,000
as his share of profits every year. The net profit for the year ended 31st
March, 2019 amounted to Rs. 40.000. How much amount contributed
byA?​

Answer 1

Answer:

A contribute : 1250

Explanation:

As C's share in profit is 40000×2÷10=8000

but he has guarantee of 10000 rs.

so Deficiency of 10000-8000 = 2000 was to be borne by A and B in their mutual ratio 5:3

So A's contribution is 2000×5÷8 = 1250