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A&B Associates is a partnership concern and as per terms of partnership, their income ratio is based on the amount of initial investment. Mr. A
A&B Associates is a partnership concern and as per terms of partnership, their income ratio is based on the amount of initial investment. Mr. A initially invested Rs. 150,000 in the business, whilst Mr. B invested Rs. 100,000. During the year the business made a profit of Rs. 75,000. Mr. A decided to withdraw Rs. 15,000 for personal use, whereas Mr. B decided to take Rs. 10,000. At the end of the year what is the total amount of Capital for Mr. A & Mr. B? *
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