A and b sharing profit and losses in the ratio of 2/3rd and 1/3rd, admit c as a partner giving him 1/4th share. The new profit sharing ratio will be?
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old ratio of A and B - 2:1
. let the total share be 1
remaining share = 1 - 1/4 = 3/4
A = 3/4×2/3 = 6/12
B = 3/4×1/3 = 3/12
C = 1/4
new ratio --- 6/12 : 3/12 : 1/4 --- 6:3:3 or 2:1:1
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