Raju, Sohan, and Tina are partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. Tina is guaranteed a minimum amount of ₹40,000 as a share of profit every year. Any deficiency arising on that account shall be borne by Raju. If profit of the firm for the year ended 31st March, 2023 is ₹1,60,000, Raju will bear a deficiency of:
Raju, Sohan, and Tina are partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. Tina is guaranteed a minimum amount of ₹40,000 as a share of profit every year. Any deficiency arising on that account shall be borne by Raju. If profit of the firm for the year ended 31st March, 2023 is ₹1,60,000, Raju will bear a deficiency of:
Show Hint
- ₹8,000
- ₹40,000
- ₹48,000
- ₹4,000
The Correct Option is A
Solution and Explanation
Step 1: Calculate Tina's profit share. \[ \text{Tina's share of profit} = \frac{1}{5} \times 1,60,000 = ₹32,000. \] Step 2: Determine the deficiency. \[ \text{Deficiency} = ₹40,000 - ₹32,000 = ₹8,000. \] Since Raju is responsible for the deficiency, he will bear ₹8,000.
Top Questions on Miscellaneous
- "ASEAN took steps to establish an ASEAN community on the basis of its three pillars." Explain the importance of these three pillars.
- CBSE CLASS XII - 2025
- Political Science
- Miscellaneous
- If the system of equations \[ x + 2y - 3z = 2 \] \[ 2x + \lambda y + 5z = 5 \] \[ 4x + 3y + \mu z = 33 \] has infinite solutions, then \( \lambda + \mu \) is equal to
- JEE Main - 2025
- Mathematics
- Miscellaneous
- If the square of the shortest distance between the lines $$ \frac{x-2}{1} = \frac{y-1}{2} = \frac{z+3}{-3} \quad \text{and} \quad \frac{x+1}{2} = \frac{y+3}{4} = \frac{z+5}{-5}, $$ is $ \frac{m}{n} $, where $m, n$ are coprime numbers, then $m+n$ is equal to:
- JEE Main - 2025
- Mathematics
- Miscellaneous
- Find the value of \[ \sin 70^\circ \left( \cot 10^\circ \cot 70^\circ - 1 \right). \]
- JEE Main - 2025
- Mathematics
- Miscellaneous
- What is the shape of the \( \text{ClO}_2^- \) ion according to VSEPR theory?
- JEE Main - 2025
- Chemistry
- Miscellaneous
Questions Asked in CBSE CLASS XII exam
- Your school is organising an inter-house ‘Maths Quiz’ Competition. As president of the Quiz Club, draft a notice informing students of Classes IX – XII about the competition. Include necessary details regarding the number of participants, registration date, etc. You are Akila / Akhil. Put your notice in a box.
- CBSE CLASS XII - 2025
- Writing Skills
Draw a rough sketch for the curve $y = 2 + |x + 1|$. Using integration, find the area of the region bounded by the curve $y = 2 + |x + 1|$, $x = -4$, $x = 3$, and $y = 0$.
- CBSE CLASS XII - 2025
- Integration
- Find the local maxima and local minima of the function \[ f(x) = \frac{8}{3} x^3 - 12x^2 + 18x + 5. \]
- CBSE CLASS XII - 2025
- Differentiation
- Figure shows variation of Coulomb force (F) acting between two point charges with \( \frac{1}{r^2} \), \( r \) being the separation between the two charges \( (q_1, q_2) \) and \( (q_2, q_3) \). If \( q_2 \) is positive and least in magnitude, then the magnitudes of \( q_1, q_2 \), and \( q_3 \) are such that:
- CBSE CLASS XII - 2025
- Electrostatics
A school is organizing a debate competition with participants as speakers and judges. $ S = \{S_1, S_2, S_3, S_4\} $ where $ S = \{S_1, S_2, S_3, S_4\} $ represents the set of speakers. The judges are represented by the set: $ J = \{J_1, J_2, J_3\} $ where $ J = \{J_1, J_2, J_3\} $ represents the set of judges. Each speaker can be assigned only one judge. Let $ R $ be a relation from set $ S $ to $ J $ defined as: $ R = \{(x, y) : \text{speaker } x \text{ is judged by judge } y, x \in S, y \in J\} $.
- CBSE CLASS XII - 2025
- Relations and Functions