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Total capital of three partners is three lakh rupees and it is to be maintained in the ratio three to two to one. What is target capital of the first partner?

Answer and explanation

Correct answer: One lakh fifty thousand rupees

Total parts are six and one part is fifty thousand rupees. First partners three parts will be one lakh fifty thousand rupees.

Related tags

Three PartnersTarget CapitalRatioCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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