Question

In which ratio the deficiency of T will be borne by A & V?

• A. 5:3
• B. 2:3
• C. 2:4
• D. 2:1

Hint:

Always check the partnership deed carefully — the deficiency sharing ratio may not be the same as the profit-sharing ratio.

Answer 1

The Correct Option is B

Step 1: Confirm T's guaranteed profit.
T was assured a minimum profit of Rs. 2,50,000. A and V were responsible for covering any shortfall in a 2:3 ratio.

Step 2: Determine the relevant ratio.
The partnership agreement explicitly states the ratio for A and V to cover any deficiency.

Final Answer: \[\boxed{2:3}\]