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Commerce · Q1843

Accounting

Graduate and Post Graduate · Commerce · question 1843

Q1843

A, Y and Z are partners in the ratio of 5 : 4 : 1. Z is guaranteed that his share of profit will not be less than Rs. 80,000 and any deficiency will be borne by A and Y in the ratio of 3 : 2. If the firm's profit is Rs. 5,60,000, how much deficiencywill be borne by Y?

A.
Rs. 2,14,400
B.
Rs. 14,400
C.
Rs. 2,09,600
D.
Rs. 9,600
Answer

Answer: Option D

Solution

Answer: Option D
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