Question

a and b share profits and losses in the ratio of 3 : 2. they admit c as a new partner for 1/3rd share in the profits of the firm which he acquired from a and b in the ratio of 2 : 3. after some time, they admitted d as a new partner for 1/5th share in the profits which he acquired equally from a and c. new ratio of a,b,c and d will be: *
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Answer 1

Answer:

Old ratio (A and B) = 3 : 2

C is admitted for 1/4 share

Let the combined share of A, B and C = 1

Combined share of A and B after C's admission = 1 - C's share

= 1 - (1/4) = 3/4