A and b share profit in ratio of 2:1 she admitted with 1/4 share in profits .C aqquires 3/4 of share from A and 1/4 of his share from B the new ratio will be
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Answer:
new profit sharing ratio is 2:3:3
Explanation:
share sacrificed = share ratio×new partner share
A=2/3×3/4 = 6/12
B=1/3× 1/4 =1/12
new profit sharing ratio = old share - share sacrificed
A= 2/3 - 6/12 = 8-6/12 = 2/12
B=1/3 - 1/2 = 4-1/12 = 3/12
C=1/4 × 3/3 = 3/12 = 3/12
therefore new profit sharing ratio is 2:3:3
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