A) Rs.2,000
B) Rs.1,500
C) Rs.1,000
D) Rs.1,800
Correct Answer: C
Solution :
[c] Rs.1,000 |
Hint: Cs share in profit \[\left( 4,200\times \frac{1}{3} \right)\] = Rs.1,400 |
Deficiency (1,800 - 1,400) Rs.400 will be borne by A, |
As Share in Profit (4,200 -1,400) \[\times \frac{1}{2}\] = 1,400 |
(-) Guarantee to C = (400) |
As Share in Profit = 1,000 |
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