A,B,C are partners in proportion of 3/6,2/6,and 1/6 respectively D was admitted in the firm as a new partner with 1/6th share. calculate the new profit sharing ratios of the partners.
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Answer:
3:2:1= A:B:C
D=1-1/6=5/6
A=5/6×3/6= 15/36
B= 5/6×2/6= 10/36
C=5/6×1/6= 5/36
NPSR= A:B:C:D
= 15/36:10/36:5/36:1/6
=15:10:5:6 (NPSR)
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