A ,B and C are partners in a
firm sharing profits
of5:3:2. They admit D for 20%
profit.Calculate new sharing
profit ratio.
A) 15:9:6:10
B) 10:6:4:5
C)5:4:3:2
D)1:23:4
Correct answer
B)10:6:4:5
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Explanation:
D's share per hundred 20/100
remaining 80 % will be distribute among A,B,C in ratio 5,3,2 -----
A-----80*5/10 =40
B-----80*3/10 =24
C-----80*2/10 =16
so the new profit sharing ratio is-- 40,24,16,20
OR
10,6,4,5
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