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Ruhi, Mahi and Tavi are partners having capitals of 5,00,000; 4,00,000 and $3,00,000respectively in a firm and sharing profits and losses equally. Tavi is guaranteed aminimum profit of 50,000 as share of profit every year. The firm incurred a loss o*1,50,000 for the year guaranteed profit to Tavi. |
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Answer» 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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