Question

A, B, C, D and E are in partnership sharing profits and losses equally. They

mutually agree to change the profit sharing ratio to 5 : 4 : 3 : 2 : 1. In this process,

E losses:
(a) 1/15th share
(b) 2/5th share
(c) 1/5th share
(d) none of these​

Answer 1

Answer:

Ans: (a) 1/15th share.

Explanation:

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