James and Aryan are in partnership sharing profits and losses in the ratio of 3/5 : 2/5. The capitals of James and Aryan after adjustments are ₹ 2,40,000 and ₹ 1,80,000 respectively.
James and Aryan are in partnership sharing profits and losses in the ratio of 3/5 : 2/5. The capitals of James and Aryan after adjustments are ₹ 2,40,000 and ₹ 1,80,000 respectively. They admit Shubham as partner who is to contribute sufficent capital to take 1/5th share of profits to be acquired equally from James and Aryan. Calculate the capital to be brought in by Shubham
Anurag Pathak Changed status to publish July 17, 2023