Anil and Vishal are partners sharing profits in the ratio of 3:2. They admitted Sumit as a new partner for `1//5` share in the future profits of the firm. Calculate new profit sharing ratio of Anil. Vishal and Sumit.
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Answer:
12:8:5
Explanation:
SUMIT SHARE =1/5
REMAINING SHARE=1-1/5=4/5
ANIL'S NEW SHARE =3/5×4/5=12/25
Vishal's new share=2/5×4/5=8/25
as new share sumit,anil vishal 12:8:5
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