Question

Mahi, Ruhi and Ginni are partners in a firm, sharing profits and losses in the ratio of 6 : 4 : 1. Mahi guaranteed a profit of ₹ 50,000 to Ginni. Net profit for the year ending 31^st March, 2023 was ₹ 1,10,000. Mahi's share in the profit of the firm after giving a guaranteed amount to Ginni will be ______.

पर्याय

• ₹ 20,000

• ₹ 60,000

• ₹ 40,000

• ₹ 10,000

Answer 1

Mahi, Ruhi and Ginni are partners in a firm, sharing profits and losses in the ratio of 6 : 4 : 1. Mahi guaranteed a profit of ₹ 50,000 to Ginni. Net profit for the year ending 31^st March, 2023 was ₹ 1,10,000. Mahi's share in the profit of the firm after giving a guaranteed amount to Ginni will be ₹ 20,000.

Explanation:

Ginni's actual share in profit = `1,10,000 xx 1/11`

= ₹ 10,000

Guaranteed amount = ₹ 50,000

So, ₹ 40,000 will be compensated by Mahi

Mahi's Share in Profit = `1,10,000 xx 6/11`

= ₹ 60,000

Mahi's Share in Profits after giving guaranteed amount to Ginni = 60,000 − 40,000

= ₹ 20,000