13 Views

Question : A, B and C are partners sharing profits and losses in the ratio of 3:2:2. They admitted D into the partnership for the 1/4th share and for this, he brings Rs 7,00,000, as capital. If capitals are to be proportionate to profit sharing ratio, the respective capitals of the partners will be:

Option 1: 6,00,000: 6,00,000: 3,00,000: 7,00,000

Option 2: 9,00,000: 6,00,000: 6,00,000: 7,00,000

Option 3: 3,00,000: 3,00,000: 3,00,000: 3,00,000

Option 4: 3,00,000: 4,00,000: 8,00,000: 7,00,000


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: 9,00,000: 6,00,000: 6,00,000: 7,00,000


Solution : Answer = 9,00,000: 6,00,000: 6,00,000: 7,00,000

Let the total capital of the New firm be D's Share = 1/4 = 7,00,000

1 = 7,00,000 x 4 = 28,00,000

A = 3/7 x 3/4 = 9/28 x 28,00,000 = 9,00,000

B = 3/7 x 3/4 = 6/28 x 28,00,000 = 6,00,000

C = 2/7 x 3/4 = 6/28 x 28,00,000 = 6,00,000

D = 1/4 x 7/7 = 7/28 x 28,00,000 = 7,00,000
Hence, the correct option is 2.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Narayana Business School MBA/...
Apply
Top 30 Private B-Schools Nationally and Top 3 in Gujarat | Highest CTC- 20 LPA | Average CTC- 8.4 LPA | 40% Pre-Placement Offers | 670+ Recruiters 
JAGSoM PGDM Admissions 2026
Apply
Highest CTC 51.38 LPA | Median CTC 10.32 LPA | Top 25% Average CTC 14.32 LPA
Great Lakes Institute of Mana...
Apply
Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Amity University-Noida Law Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida MBA Ad...
Apply
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books