A, B and C are partners in a firm sharing profits in the ratio of 3:2:1. D is admitted into the firm for 1/4th share in profits, which he gets 1/8th from A and 1/8th from B. The total capital of the firm is agreed upon as ₹1,20,000 and D is to bring in cash equivalent to 1/4th of this amount as his capital. The capitals of other partners are also to be adjusted in the ratio of their respective shares in profits. The capitals of A, B and C after all adjustments, are ₹40,000, ₹35,000 and ₹30,000 respectively. Calculate the new capital of A.

₹45,000

The correct answer is option 1- ₹45,000.

New share of A = Old share - Sacrificed share
                       = 3/6 - 1/8
                       = (12-3)/24
                       = 9/24

Total capital of firm = 1,20,000

A's share in new capital = 1,20,000 x 9/24
                                   = 45,000