A and B who share profits in the ratio of 3:2, admit C to give him 1/4th share. Calculate the new profit sharing ratio
Answers
Answered by
0
Answer:
1/4
Step-by-step explanation:
5th
Answered by
1
Answer:
9:8
Step-by-step explanation:
Let total profit be x.
A=3x/5 B=2x/5
A gives C 1/4th=> A has= 3x/5-0.25*3x/5=9x/20
New ratio = 9x/20/2x/5=9*5/20*2=9/8
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