Question

A and B are partner in a firm sharing profit and losses in the ratio of 3:2.C is admitted as new partner. A sacrifice 1/3 of his share and B sacrifice 1/5 from his share. Calculate the new profit sharing ratio and the sacrificing ratio

Answer 1

X purchased machinery under hire purchase agreement from the cash price of the machinery was rs15500 the payment was to be made as follows on signinig the agreement 3000 first year end 5000 second year end 5000 third year end 5000 calculate the interest for each year

Hope this helps ❤️

Mark as brainliest ❤️