Question

A and B are the partner in a firm sharing profit ratio of 3:2 , C is admitted for 3/20 share in profits. C requires 1/3 of his shares from B and A Surrenders 1/6th of his share to C . What will be the new ratio of the firm ?​

Answer 1

Answer:

2/25

Explanation:

i) R's old share= 3/5

T's old share= 2/5

R's sacrifice= 3/5 * 1/4

= 3/20

T's sacrifice= 2/5 * 1/5

= 2/25