How much amount will be brought by partners A & B, if new capital of the partnership firm ₹90,000 must be in the ratio of 3:2 and existing is ₹43,200 & ₹11,200 respectively?
Answer & explanation
Correct answer: option 3
The correct answer is option 3- ₹10,800 & ₹24,800.
₹90000 is new capital that should be in ratio of 3:2
A's share = 90,000*3/5
= ₹54,000
B's share = 90,000*2/5
= ₹36,000
A's existing capital = 43,200
So brought by A = 54,000- 43,200
= ₹10,800
B's existing capital = 11,200
So brought by B = 36,000-11,200
= ₹24,800