Correct option is B
C is to get
1/5 share, which means A and B together will hold
4/5 share of total capital after C's admission.
Step 1: Total capital of existing partners
A’s capital = ₹18,00,000 B’s capital = ₹28,00,000
Total = 18,00,000 + 28,00,000 =
₹46,00,000
This combined capital represents
4/5 of the total capital.
Step 2: Compute total capital of the firm
If 4/5 capital = ₹46,00,000 Then 1/5 capital = 46,00,000 ÷ 4 =
₹11,50,000
Alternatively, Total capital = 46,00,000 × (5/4) =
₹57,50,000 C’s capital (1/5th) = 57,50,000 × 1/5 =
₹11,50,000
Step 3: Capital to be brought by C
C will bring
₹11,50,000.
Thus, the correct answer is:
₹11,50,000