4 X and Y are partners in a firm with capital of ₹18,000 and ₹20,000. Z brings ₹10,000 for his share of goodwill and he is required to bring proportionate capital for 1/3rdshare in profits. The capital contribution of Z will be:

a) ₹24,000.
b) ₹19,000.
c) ₹12,667.
d) ₹14,000.

Solution

a). ₹24,000