Question

a and b are partners sharing profits in the ratio of 3:2. c is admitted for 1/4 th share in the profit.calculate new profit sharing ratio

Answer 1

Answer:

9:6:5

Explanation:

Share of C= 1/4

Share sacrificed by A= 1/4x3/5= 3/20

by B= 1/4x2/5= 2/20

New Share of A= 3/5-3/20= 9/20

of B= 2/5-2/20= 6/20

of C=1/4 or 5/20

Answer 2

9:6:5 is the answer for the question

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