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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 2 · Set 2 · Q9

Navya, Kartik and Saris were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$:$\displaystyle 3$:1. Samir was given a guarantee that his share of profit in any year will not be less than $\displaystyle 5$ $\displaystyle 5$'$\displaystyle 7$,000. Any deficiency on this account was to be borne by Navya and Kartik equally. The firm earned a profit of ₹ $\displaystyle 4,00,000$ during the year ended 31st March, 2025. The amount of deficiency borne by Kartik was :

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