Accountancy, asked by shriyansh94, 1 year ago

A, B, C and D are partners. A and B share3/ 4 th of the profits in the ratio of 2:1 and C and D share
remaining profits equally. Profit sharing ratio will be:

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Answers

Answered by lnandini93
0

Answer:

A's old share= 36/100

B's old share= 24/100

C's old share= 20/100

D's old share= 20/100

E is admitted for 20/100th share

Remaining share= 1-[20/100]

= 80/100

New ratio among partners should be 3:4:2:1

A's new share= 3/10 * 80/100

= 24/100

B's new share= 4/10 * 80/100

= 32/100

C's new share= 2/10 * 80/100

= 16/100

D's new share= 1/10 * 80/100

= 8/100

New profit sharing ratio= 24:32:16:8:20

= 6:8:4:2:5

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