Q. Ramesh and Suresh are partners sharing profits in the ratio of 2 : 1 respectively. Ramesh Capital is ₹1,02,000 and Suresh Capital is ₹73,000. They admit Mahesh and agree to give him 1/5th share in future profit. Mahesh brings ₹14,000 as his share of goodwill. He agrees to contribute capital in the new profit sharing ratio. How much capital will be brought by Mahesh?
✅ Correct Answer: (C)
₹47,250
Discussion
Question Analytics
488
Total Visits
4 y ago
Published
Ram Sharma
Publisher
92%
Success Rate