Question

A and B are partners sharing profits in the ratio of 4:1. C is admitted for 1/4th share in profits which he acquires wholly from A. The new profit sharing ratio will be​

Answer 1

Answer : 11:4:5

solution:-

Old share (A and B) = 4 :

C is admitted for 1/4 Share

A sacrifices in favour of C = 1/4

New ratio = Old ratio - Sacrificing ratio

A's new ratio = (4/5) - (1/4) = 11/20

B's new share = (1/5) - 0 = 1/5 or 4/20

C's share = 1/4 or 5/20

Therefore:

new profit sharing ratio of A, Bq and C = 11 : 4 : 5

Answer 2

come to bio

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