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Commerce · Q450

Accounting

Graduate and Post Graduate · Commerce · question 450

Q450

X and Y are partners in a firm having capital balances Rs. 1,08,000 and Rs. 72,000, respectively. They admit Z into a partnership for 1/3^ rd share, and Z brings proportion ate amount of capital. The capital amount of Z is

X and Y are partners in a firm having capital balances Rs. 1,08,000 and Rs. 72,000, respectively. They admit Z into a partnership for share, and Z brings proportion ate amount of capital. The capital amount of Z is
A.
Rs. 22,500
B.
Rs. 90,000
Answer
C.
Rs. 1,80,000
D.
Rs. 54,000

Answer: Option B

Solution

Answer: Option B
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