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X and Y are partners sharing profits in the ratio of 2 : 1. They admit Z into the partnership for 1/4th share in profits for which he brings ₹ 20,000 as his share of capital. Hence, the adjusted capitals of X and Y will be

a) ₹ 40,000 and ₹ 20,000 respectively

b) ₹ 32,000 and ₹ 16,000 respectively

c) ₹ 60,000 and ₹ 30,000 respectively

d) ₹ 20,000 and ₹ 40,000 respectively

Anurag Pathak Changed status to publish April 4, 2024
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