Question

A, B and C were partners sharing profits and losses in the ratio of 1:2:3. Their capitalare 23000, 30000 and 17000 respectively. B retired. Capital has to be fully paid incash and the whole amount is brought in cash by A and C to make their capitalthereafter equal. Calculate the amount brought by A.​

Answer 1

Explanation:

A, B and C were partners sharing profits and losses in the ratio of 1:2:3. Their capitalare 23000, 30000 and 17000 respectively. B retired. Capital has to be fully paid incash and the whole amount is brought in cash by A and C to make their capitalthereafter equal. Calculate the amount brought by A.