The correct answer is: C. Rs. 8,000
Explanation:
Let R’s capital be Rs. 2x and S’s capital be Rs. x.
The total capital of R and S is Rs. 2x + x = Rs. 3x.
The amount received from sale of all assets is Rs. 38,000.
The amount claimed by all partners is Rs. 14,000.
The amount remaining after paying all claims is Rs. 38,000 – 14,000 = Rs. 24,000.
The balance of S’s capital is Rs. x, which is one-third of the remaining amount, i.e., Rs. 24,000/3 = Rs. 8,000.
Explanation of each option:
* Option A: Rs. 14,000 is the amount claimed by all partners. This amount has already been paid. Therefore, the balance of S’s capital cannot be Rs. 14,000.
* Option B: Rs. 12,000 is the amount remaining after paying all claims, if R’s capital is twice of capital balance of S. However, the question states that the amount received from sale of all assets is Rs. 38,000. Therefore, the balance of S’s capital cannot be Rs. 12,000.
* Option C: Rs. 8,000 is one-third of the amount remaining after paying all claims. Therefore, the balance of S’s capital is Rs. 8,000.
* Option D: Rs. 6,000 is half of the amount remaining after paying all claims. Therefore, the balance of S’s capital cannot be Rs. 6,000.