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Guarantee Of Profits Questions

Practice 1 Guarantee Of Profits questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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Practice by Exam:CUET Accountancy(1)

About Guarantee of Profits — practice questions, PYQs & concepts

Guarantee of Profits is a frequently-tested topic on CUET Accountancy. ExamTest.live currently lists 1 Guarantee of Profits questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Guarantee of Profits weight in competitive exams

Across our Guarantee of Profits question bank, the largest sources are CUET Accountancy (1). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 0 easy Guarantee of Profits questions are available — build fluency before moving up.
  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
  • Time yourself: Every question shows the average solve time so you can benchmark your speed against other students.
  • Read every explanation: Even on questions you got right — the explanation often surfaces a faster approach you can reuse.

All Guarantee Of Profits Questions(1–1 of 1)

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Q1mediummcqCUET AccountancyCUET Accountancy 2025 2 June Shift 22026
Arrange the steps for accounting for a guarantee of profit to a partner in the correct sequence:(A) Divide the profit in the given ratio.(B) Prepare profit and loss appropriation account as usual.(C) Deduct the deficiency from the guaranteeing partner's share and add it to the guaranteed partner's share.(D) Find the deficiency.Choose the correct answer from the options given below:

Frequently Asked Questions

How many Guarantee Of Profits questions are on ExamTest.live?▼
We have 1 Guarantee Of Profits questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Guarantee Of Profits MCQs free?▼
Yes. All Guarantee Of Profits questions, answers, and explanations on ExamTest.live are completely free. No account or subscription required.
Which exams include Guarantee Of Profits questions?▼
Guarantee Of Profits questions are commonly asked in CUET Accountancy. You can filter by exam using the links above.
How do I practice Guarantee Of Profits questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.