A, B and C are partners in a firm sharing profits in the ratio of 3 : 2 : 1. They earned a profit of ₹ 30,000 during 2017-18. Distribute profit among A, B and C if:(a) C's share of profit is guaranteed to be ₹ 6,000 Minimum.(b) Minimum profit payable to C amounting to ₹ 6,000 is guaranteed by A.(c) Guaranteed minimum profit of ₹ 6,000 payable to C is guaranteed by B.(d) Any deficiency after making payment of guaranteed ₹ 6,000 will be borne by A and B in the ratio of 3 : 1.

A, B and C are partners in a firm sharing profits in the ratio of 3 :

1.	A, B and C are partners in a firm sharing profits in the ratio of 3 : 2 : 1. They earned a profit of ₹ 30,000 during 2017-18. Distribute profit among A, B and C if:(a) C's share of profit is guaranteed to be ₹ 6,000 Minimum.(b) Minimum profit payable to C amounting to ₹ 6,000 is guaranteed by A.(c) Guaranteed minimum profit of ₹ 6,000 payable to C is guaranteed by B.(d) Any deficiency after making payment of guaranteed ₹ 6,000 will be borne by A and B in the ratio of 3 : 1.
Answer» A, B and C are partners in a firm sharing profits in the ratio of 3 : 2 : 1. They earned a profit of ₹ 30,000 during 2017-18. Distribute profit among A, B and C if: (a) C's share of profit is guaranteed to be ₹ 6,000 Minimum. (b) Minimum profit payable to C amounting to ₹ 6,000 is guaranteed by A. (c) Guaranteed minimum profit of ₹ 6,000 payable to C is guaranteed by B. (d) Any deficiency after making payment of guaranteed ₹ 6,000 will be borne by A and B in the ratio of 3 : 1.

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