A and Bare sharing profits in the ratio 3:2 and C is admitted for 1/5th share.C brings in ₹120000 as his share in capital net worth of the firm is ?
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Answer:
A,B,C=5:3:2 or 5/10:3/10:2/10
D=1/5
A: 5/10-1/5
=5-1/10
=[4/10 ]
B: 3/10-1/5
=3-1/10
=[2/10]
C: 2/10-1/5
=2-1/10
=[1/10 ]
NPSR(new profit sharing ratio) of A,B&C
=4/10:2/10:1/10
=4:2:1
SR=1:1:1
Explanation:
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