Question

6. X and Y are partners sharing profits in the ratio of 3:2, and capitals as 100,000 and 50,000
respectively. Z is admitted for 1/5th share in profits. The amount Z will contribute as capital will be
(a) 50,000
(b) 35,000
(c) 37,500
NSR1-1-
(d) 60,000​

Answer 1

Answer:

profit sharing ratio

3:2

capital

100000

150000/1/5

=35000