Accountancy, asked by rahil5166, 2 months ago

A and B are partners in a firm sharing profits and losses in the ratio of 3:2. C is admitted for 1/4th share in profits of the firm. Calculate new profit sharing ratio of the partners​

Answers

Answered by Alzir
13

Explanation:

Old Ratio :

A : B = 3 : 2

A = 3/5

B = 2/5

C is admitted for 1/4th share in profits of the firm

suppose,

whole profit of all Partners = 1

1 - 1/4 = 3/4

New Share :

• A = 3/4 × 3/5 = 9/20

New Share of A = 9/20

• B = 3/4 × 2/5 = 6/20

New Share of B = 6/20

• C = 1/4 1 × 5/4 × 5 = 5/20

New Share of C = 5/20

A : B : C = 9/20 : 6/20 : 5/20

= 9 : 6 : 5

Hence, new profit sharing ratio of the partners is 9:6:5

Answered by IINiRII
0

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