A and B are patners in a firm having a capital of 54000 and 36000 respectively. They admitted C for1/3rd share in a profit C brought propotionate amount of capital. find the capital of ,C
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Explanation:
let the total share of profit=1
c share=3
remaining share of a and b=1-1/3=2/3
total capital of a n b=54000+36000=90000
total cap of the firm =3/2*90000=135000
capital bring by C=1/3*135000=45000
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Explanation:
C's profit sharing ratio is 1/3.
Combined capital of A & B = 54000+36000=90,000.
Total firm's capital taking A and B 's share
Therefore,
Thus, required capital of C is 45,000.
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