A and B
partners in
firm sharing porfit and
losses in the ratio of 3:2. They
admit c
into the partnership
with 1/6 shares in the
profits.
Calculate the new porfit
Sharing
ratio.
Answers
Answered by
0
Answer:
Answer is 4/8 or 4:8
This is the answer
Answered by
0
Answer:A's old share= 7/12
B's old share= 5/12
C is admitted for 1/6th share
A's new ratio= 7/12- 1/24
= 13/24
B's new ratio= 5/12- 1/8
= 7/24
New Ratio of the firm= 13:7:4
Explanation:
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