CBSE 2023 · Region 3 · Set 3 · Q9

Anu, Charu and Divya are partners sharing profits and losses in the ratio of $\displaystyle 2$ : $\displaystyle 1$ : 2. Their capitals were ₹ $\displaystyle 5,00,000$, ₹ $\displaystyle 3,00,000$ and ₹ $\displaystyle 2,00,000$ respectively. Anu personally guaranteed that in any year, Divya's share of profit after allowing interest on capital to all partners @ $\displaystyle 5$% p.a. would not be less than ₹ $\displaystyle 75$,000. The profit for the year ending 31st March, $\displaystyle 2022$ amounted to ₹ $\displaystyle 2,00$,000. Divya's amount of guarantee is short by the following amount :