a A and B are partners sharing Profits in the ratio
of 2:1. C
C is admitted with 3/11th share which he
takes 2/11th from A and 1/ 11th from B. calculate
the new profit Sharing ratio of the partners.
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Answer:
A's new share = 2/3 - 2/11 = 22-6/33 = 16/33
B's new share = 1/3 - 1/11 = 11-3/33 = 8/33
C's new share = 3/11
new ratio - 16/33 : 8/33 : 3/11 ---> 16:8:9
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