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A and B capitals are to be maintained in profit ratio three to two. Total capital is Rs 250000 and As actual capital is Rs 160000. What should A do?

Answer and explanation

Correct answer: Can withdraw Rs 10000

In ratio three to two As required capital is Rs 150000. Actual capital is Rs 160000 so A can withdraw Rs 10000.

Related tags

Capital AdjustmentProfit RatioExcess CapitalCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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