Accountancy, asked by jassideol9685, 8 months ago

26. Yash and Manan are partners sharing
profits in the ratio 2:1. They admitted
Chintan as partner for 25% share of profit.
Chintan acquired the share from old
partners in the ratio 3:2. New profit sharing
ratio will be -
O a) 14:31:15
O b) 3:2:1
O c) 31:14:15
d) 2:3:1​

Answers

Answered by s1684aditi1507
4

Capital brought in by Z= 20000

Total Capital of the firm based on Z's share= 20000* 4/1

= 80000

Hence, Capital remaining after Z= 80000-20000 = 60000

X's adjusted Capital= 2/3 * 60000= 40000

Y's adjusted Capital= 1/3 * 60000= 20000

I hope you understand my answer

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