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Ram, Raghav and Raghu are partners in a firm sharing profits in the ratio of 5:3:2. As per Partnership Deed, Raghu is to get a minimum amount of ₹ 10,000 as profit. Net profit for the year is ₹ 40,000. 

Find the deficiency amount in the above case. 

a) ₹ 750 

b) ₹ 1,000 

c) ₹ 1,500 

d) ₹ 2,000

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1 Answer

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by (55.9k points)

Correct option is d) ₹ 2,000

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