Q1026
X and Y are partners sharing profits and losses in the ratio of 3 : 2 (X's capital is Rs. 30,000 and Y's capital is Rs. 15,000). They admitted Z agreed to give 1/5^ th share of profits to him. How much Z should bring in towards his capital?
X and Y are partners sharing profits and losses in the ratio of 3 : 2 (X's capital is Rs. 30,000 and Y's capital is Rs. 15,000). They admitted Z agreed to give share of profits to him. How much Z should bring in towards his capital?
A.
Rs. 9,000
B.
Rs. 11,250
AnswerC.
Rs. 12,000
D.
Rs. 14,500
Answer: Option B
Solution
Answer: Option B
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