Question

A, B, C, and D are in partnership sharing the profit and losses in the ratio of 36:24:20:20 respectively. E join the partnership for 20 share and A, B, C and D in future would share profit among themselves as 3/10:4/10:2/10:1/10. calculate the new profit sharing ratio​

Answer 1

Answer:

Let the combined share of all partners profit after E's a admission =1 Combined share of A,B,C and D after E's admission = 1- E's share Read more on Sarthaks.com - https://www.sarthaks.com/108890/b-c-and-d-are-in-partnership-sharing-profits-and-losses-in-the-ratio-36-24-20-20-respectively

Explanation:

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