Question : P, Q and R are in a partnership business. P used Rs.1,00,000 of the firm for some speculation activity and earned a profit of Rs.75,000. Which decision is the most appropriate regarding this case?

Option 1: P must return Rs.1,00,000 to the firm

Option 2: P must pay back Rs.1,00,000 equally Q and R

Option 3: P must return Rs.1,75,000 to the firm

Option 4: P must sacrifice his share of profit of Rs.75,000 in that year

Question : Mohit and Rohit were partners in a firm with the capitals of Rs.80,000 and Rs.40,000 respectively. The firm earned a profit of Rs.30,000 during the year. Mohit's share in the profit will be:

Question : If total assets of a firm are Rs.12,00,000 and total liabilities are Rs.2,40,000, what will be the capitals of P, Q and R if they share profits in the ratio of their capitals and profit sharing ratio is 1 : 2 : 3 - 

Question : A, B and C are partners in a firm. Their profit-sharing ratio is 2:2:1. C is guaranteed a minimum of Rs 1,00,000 as a share of profit every year. Any deficiency arising shall be met by B. The profits for the year ended 2021 are Rs 6,00,000 respectively. What will be the

Question : A, B and C are partners in a firm. Their profit-sharing ratio is 2:2:1. C is guaranteed a minimum of Rs 1,00,000 as a share of profit every year. Any deficiency arising shall be met by B. The profits for the year ended 2021 are Rs 6,00,000 respectively. What will be the

Question : Average profits of a firm during the last few years are Rs. 80,000 and the normal rate o return in a similar business is 10%. If the goodwill of the firm is Rs. 1,00,000 at 4 years purchase of super profit, the value of capital employed by the firm is