question_answer

X, Y and Z are partners sharing profits in the ratio of 3:2:1. X has given guarantee to Z for a minimum share of profit for the year. After meeting Z's deficiency of Rs.40,000, X gets his share of final net profit Rs.1,10,000. What was the guaranteed amount of Z ?

A) 1,50,000

B) 1,00,000

C) 50,000

D) 90,000