Question

1. A and B are partners in a firm having a capital of 7 54,000 and 36,000
respectively. They admitted C for 1/3rd share in the profits, C brought
proportionate amount of capital. The Capital brought in by C would be:​

Answer 1

Answer:

the ratio of A and B is equal

total capital of new firm = adjusted combined capital

/ adjusted combined share

= 54,000+36,000/2/3(1-1/3)

= 90,000 × 3/2 = 1,35,000

share of C = 1/3×1, 35,000 = 45,000