9)
X and Y are partners sharing profits in the ratio 3:2. C is admitted for 1/5th share of profit. he is to bring
proportionate capital in the firm the capital of X and Y after all adjustments are 2,00,000 and 1,60,000
respectively. Calculate C's capital.
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Answer:
Answer:
C's capital = 90,000
Explanation:
Solution :
Old Ratio :
X : Y = 3 : 2
\dfrac{3}{5}
Accountancy
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Answer
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X =
•
\dfrac{2}{5}
Y =
•
C is admitted for 1/5th share of profit.
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