3 A and B partners sharing profit in 5:4
They admitted C as a new partner for 2/9 th share. C acquires his share from A and B equally. C pays Rs 30000 as his capital and Rs 9000 as his share of goodwill. Calculate new profit ratio
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Answer:
4:3:2
Explanation:
C required s his share from A&B=(2/9)×(1/2)
=1/9
A's new share=(5/9)-(1/9)=4/9
B's new share=(4/9)-(1/9)=3/9
new ratio of A,B&C=4:3:2
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