1 13. A and B were partners in a firm sharing profits in 5 : 3. A new partner C was admitted for 1 - th share. Thereafter D was admitted as a new partner for th share, which he acquired 4 6 equally from A, B and C. Calculate new profit sharing ratio of A, B, C and D. Ans. New profit sharing ratio = 119 : 65 : 56:48
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A and B are in partnership sharing profits and losses as 3:2 . C is admitted for 1/4^th share. Afterwards D enters for 20 paise in the rupee. Compute ...
A's old share = 3/5B's old share = 2/5C is admitted for 1/4th shareRemaining share = 1 - [1/4] = 3/4A's new share = 3/5 * 3/4 = 9/20B's new share = 2/5
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