A and B are partners in a firm having capital balances of ₹54,000 and ₹36,000 respectively and share profits in the capital ratio. They admit C in partnership for 1/3rd share and C is to bring proportionate amount of capital. What will be the capital amount of C? |
₹90,000 ₹45,000 ₹54,000 ₹36,000 |
₹45,000 |
The correct answer is option 2- ₹45,000. Capital of Firm on the basis of A and B = 54,000 + 36,000 Profit sharing ratio = 54,000 : 36,000 C's share = 1/3 Total capital of firm on basis of A and B = 90,000*3/2 C share = 1,35,000 x 1/3 Capital of C is 45,000. |