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A and B contributed seventy thousand and fifty thousand rupees respectively. Later total capital must be maintained in profit ratio two to one and total capital remains unchanged. How much should B withdraw?

Answer and explanation

Correct answer: Ten thousand rupees

Total capital is one lakh twenty thousand and in two to one ratio B target capital is forty thousand. B has fifty thousand so he must withdraw ten thousand.

Related tags

Capital AdjustmentTotal CapitalProfit RatioCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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