Question

Calculate new proht sharing ratio.
3. A and B are partners sharing profits and losses in the proportion of 7:5. They agree to admit C, their
manager, into partnership who is to get 1/6th share in the profits. He takes this share as 1/24th from A
and 1/8th from B. Calculate new profit-sharing ratio.
They distadas
new nartner​

Answer 1

Answer:

Due to the main focus of the partnerships of the share it will be conducted