A B and C are partners sharing profits in the ratio 3:2:1 They agreed to admit G into the firm A B and C agreed to give 1/3th 1/6th 1/9th share of their profit the share of profit C will be
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Answer: The share of profit of D will be: 13/54
Explanation:
A, B, and C are partner sharing profits in ratio 3:2:1. They agree to admit D into the firm. A, B and C agreed to give 1/3, 1/6, 1/9 share of their profit. The share of profit of D will be?
A:B:C = 3:2:1
A gives 1/3 of his share = 3/6 x 1/3 = 3/18
B gives 1/6 of his share = 2/6 x 1/6 = 2/36
C gives 1/9 of his share = 1/6 x 1/9 = 1/54
D's share = 3/18 + 2/36 + 1/54 = 18+6+2 / 108
= 26/108 or 13/54
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