Question

Anita and Babita are partner in a firm sharing profit and Loss in the ratio 3:2. Kavita was admitted as new partner in the firm. Anita surrenders 1/4th share and Babita surrenders 1/5th share in favour of Kavita. Calculate new profit sharing Ratio​

Answer 1

Answer:

7:4:9

Explanation:

Anita :- 3/5 - 1/4 = 12-5/20 = 7/20

Babita :- 2/5 - 1/5 = 1/5×4/4 = 4/20

Kavita :- 1/4+1/5 = 5+4/20 = 9/20