A and B ,C are partners shareing profit and loss in the ratio 5:4:1 if they accuires 1/5 share from A then calculate new profit sharing ratio of A , B , C
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Proper Question :-
A,B, and C are partners sharing ratio and loss in ratio 5:4:1 D a new partner is admitted . If D aquires 1/5 from A. Then calculate new profit sharing ratio of A, B,C
Answer :-
Old ratio of partners - 5:4:1
new partner is admitted D
1/5 aquires from A.
so, there is no change in ratio of other partners expect the partners A and D
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