A and B are partners in a firm sharing profit and loss in the ratio of 3:2. They admit X and Y as partner with 1/4th and 1/5th share respectively. Find out the new profit sharing ratio (a) 33:22:25:20 (b) 30:20:25:20 (c) 22:33:20:25 (d) 15:10:25:10
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b)30:20:25:20 is right answer
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and B are partners in a firm sharing profit and loss in the ratio of 3:2. They admit X and Y as partner with 1/4th and 1/5th share respectively. Find out the new profit sharing ratio (a) 33:22:25:20 (b) 30:20:25:20 (c) 22:33:20:25 (d) 15:10:25:10
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