Question

A and B are partners in a firm sharing profits in the ratio of 3:2 .C and D were admitted as new partners .A sacrificed 1/4th of his share in favour of C and B sacrificed 50% of his share in favour of D . Calculate the new profit sharing ratio of A,B,
C and D

Answer 1

Answer:

9:3:4:4

Explanation:

A share 3/5

3/5 ×1/4 = 3/20 its C share

B share 2/5

2/5 × 50 % = 1/5 it's D share

Answer 2

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