Question

A and B are partners sharing profits in the ratio of 3 :1. They admit C for 1/4 share in future lprofits. The
new profit sharing ratio will be​

Answer 1

Answer:

since 1/4th share is of C

The remaining share of th co. is 3/4

So, A new share = 3/4 * Old ratio (3/4)

=9/16

B new share = 3/4 * 1/4

= 3/16

and , C share 1/4 * 4/4 (to make the denominator equal)

=4/16

So, new ratio will be

(9:3:4)

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