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A, B and C were partners sharing profits and losses in the ratio of 1:2:3. Their capitalare 23000, 30000 and 17000 respectively. B retired. Capital has to be fully paid incash and the whole amount is brought in cash by A and C to make their capitalthereafter equal. Calculate the amount brought by A. |
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Answer» Explanation: A, B and C were partners SHARING profits and losses in the ratio of 1:2:3. Their capitalare 23000, 30000 and 17000 respectively. B retired. CAPITAL has to be FULLY paid incash and the whole amount is brought in cash by A and C to make their capitalthereafter equal. CALCULATE the amount brought by A. |
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