‘A’, ‘B’ and ‘C’ are partners in proportion of 5 : 3 : 2 respectively. ‘D’ is admitted in the firm as partner with 1/5th share. What is new profit sharing ratio ?
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1
Answer:
1-1/5 =4/5
A= 5/10×4/5 ≈20/50
B = 3/10×4/5≈ 12/50
C = 2/10×4/5≈8/50
D = 1/5×10/10≈10/50
So ratio between A B C& D Is 20:12:8:10
=10:6:4:5
Explanation:
Answered by
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Answer: 20:12:8:10
Or
10:6:4:5
Explanation:
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