A and b are partners sharing profit and loss in ratio of 3:2. They admitted c as partner a surrended 1/3 share of his share and b 1/4 of his share in favour of c calculat new ratio of the three partners and sacrifice ratio
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X's old share= 3/5
Y's old share= 2/5
P is admitted for 3/5 * 1/3= 3/15
Q is admitted for 2/5 * 1/4= 2/20
X's new share= 3/5- 3/15
= 6/15
Y's new share= 2/5- 2/20
= 6/20
P's share= 3/15
Q's share= 2/20
New Profit sharing ratio= 4:3:2:1
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