and are partners in a firm sharing profits in the ratio . is admitted into the firm with a share in profits and brings as his capital. If the capitals of the old partners and are to be adjusted on the basis of 's capital contribution in their profit-sharing ratio, then what will be the adjusted capital of ?
- A
- B
- C
- D
Solution & Step-by-step Explanation
1. Determine the Total Capital of the firm based on C: 's share = 's capital = $
$
Divide the combined capital in the old profit-sharing ratio ():
$
Divide the combined capital in the old profit-sharing ratio ():