aaba and baba are two partners sharing profits and losses in the ratio of 3:2. they decided to admit dada for 1/5th share. they new profit sharing ratio will be_____.
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3:2
aaba =3
baba=3
admit partner=?
1/5 = 1- balance of 1
=1-1/5
=4/5
new ratio = OR × balance of 1
= 3/5 ×4/5=12/20
= 2/5 ×4/5 =8/20
= 1/5 ×4/4 =5 /20
so new ratio = 12/8/5
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