Accountancy, asked by guptaharshil2002, 2 months ago

3. X and Y are partners sharing profits in the ratio of 3:2. They admit Z for 1/5th share
in the profits. Z acquires 1/5th of his share from X. ​

Answers

Answered by priyanshipareek1
0

Answer:

Answer

X's old share= 3/5

Y's old share= 2/5

Z is admitted as a partner.

X's sacrifice= 3/5 * 1/3

= 3/15

Y's sacrifice= 1/10

Therefore, Z's share= 3/15 + 1/10

= 9/30

X's new share= 3/5- 3/15

= 6/15

Y's new share= 2/5- 1/10

= 3/10

New profit sharing ratio= 4:3:3

Sacrificing ratio= 2:1

Explanation:

Mark as brainliest and like the answer

Similar questions