question_answer

X, Y and Z started a business in partnership on 1st October 2020. The profit sharing ratio was decided among the partners 2:1:1. Z was guaranteed a profit of Rs.28,000 p. a. Deficiency amount (if any) will be borne by X and Y in the ratio of 3:2. The firm earned profit for the year ending 31st March 2021 Rs.20,000. How much deficiency is borne by X and Y?

A) X Rs.12,000 and Y Rs.6,000

B) X Rs.10,800 and Y Rs.7,200

C) X Rs.13,800 and Y Rs.9,200

D) X Rs.5,400 and Y Rs.3,600