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Gaurav and saurabh are partners in a firm having capital balance of Rs. 90000 & 60000 respectively. they admitted mohit as a new partner for 2/7th share in the firm . what will be mohit's share of capital if he has to contribute capital in proportion to his profit sharing ratio ?
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Gaurav and saurabh are partners in a firm having capital balance of Rs...
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Gaurav and saurabh are partners in a firm having capital balance of Rs...
Total share is 1
new partner share is 2/7
remaining share = 5/7 of old partneres
old partners have 150000 as combine capital
so, 150000×7/5×2/7= capital bought by new partner i.e. ₹60,000
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Gaurav and saurabh are partners in a firm having capital balance of Rs. 90000 & 60000 respectively. they admitted mohit as a new partner for 2/7th share in the firm . what will be mohit's share of capital if he has to contribute capital in proportion to his profit sharing ratio ?
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Gaurav and saurabh are partners in a firm having capital balance of Rs. 90000 & 60000 respectively. they admitted mohit as a new partner for 2/7th share in the firm . what will be mohit's share of capital if he has to contribute capital in proportion to his profit sharing ratio ? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Gaurav and saurabh are partners in a firm having capital balance of Rs. 90000 & 60000 respectively. they admitted mohit as a new partner for 2/7th share in the firm . what will be mohit's share of capital if he has to contribute capital in proportion to his profit sharing ratio ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Gaurav and saurabh are partners in a firm having capital balance of Rs. 90000 & 60000 respectively. they admitted mohit as a new partner for 2/7th share in the firm . what will be mohit's share of capital if he has to contribute capital in proportion to his profit sharing ratio ?.
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