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Three partners capitals are to be in profit ratio two to three to five. Total capital is Rs 300000. What is the required capital of the third partner?

Answer and explanation

Correct answer: Rs 150000

Total ratio is ten and third partner has five parts. So half of Rs 300000 which is Rs 150000 is the third partners capital.

Related tags

Capital RatioThree PartnersTotal CapitalCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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