Multiple choice

A, B and C are partners in the firm sharing profits and losses in the ratio of 3: 2: 1. D is admitted Into the firm with a 1/4th share in the profits which he gets as 1/8 from A and 1/8 from B. D is to bring in cash equivalent to 1/4 of the total capital of the new firm. The capitals of other partners are also to be adjusted In the ratio of their respective share in profit and loss. The respective capitals of A, B and C after all adjustments have been made, work out at Rs.20,000, Rs. 15,000 and Rs. 19,000 respectively. Calculate final capitals of A, B and C will be _________.

  1. Rs. 27,000, Rs. 15,000, Rs. 12,000

  2. Rs. 15,000, Rs. 27,000, Rs. 12,000

  3. Rs. 27,000, Rs. 12,000, Rs. 15,000

  4. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer