Question

A,B and C were partners in a firm sharing profits in 3:2:1 ratio. They admitted D for 10% profits Calculate the new profit sharing ratio

Answer 1

Explanation:

Old ratio :

A. B. C. D.

3. 2. 1. -

New ratio :

A. B. C. D.

- - - 10% (1/10)

<9/10>

3/6*9/10. 2/6*9/10. 1/6*9/10

27/60. 18/60. 9/60

27. 18. 9

So new ratio is = 27:18:9:6 (9:6:3:2)