Question

a b and c were partners in a firm sharing profit in 3:2:1 ratio. they admitted d as a new partner. Each partner surrenders 1/5 of his share in favour of D. calculate new profit sharing ratio of A, B, C and D. ​

Answer 1

Answer:

before d the share where

a = 50%

b = 33.3%

c = 16.7%

after d

a = 40%

b = 26.7%

c = 13.36%

d = 19.94%