A and B are partners in a firm having a capital of ₹ 54,000 and ₹ 36,000 respectively. They admitted C for 1/3rd share in the profits. C brought proportionate amount of capital. The capital brought in by C would be
A and B are partners in a firm having a capital of ₹ 54,000 and ₹ 36,000 respectively. They admitted C for 1/3rd share in the profits. C brought proportionate amount of capital. The capital brought in by C would be
a) ₹ 90,000
b) ₹ 45,000
c) ₹ 5,400
d) ₹ 3,600
Anurag Pathak Changed status to publish June 1, 2023
Ans – b)
Solution:-
Total adjusted capital of A and B = ₹ 54,000 + ₹ 36,000 = ₹ 90,000
Combined profit share of A and B = 1 – 1/3 = 2/3
Total capital of the firm = ₹ 90,000 × 3/2 = ₹ 1,35,000
C’s will bring capital = 1,35,000 × 1/3 = ₹ 45,000
Anurag Pathak Changed status to publish June 1, 2023
