Accountancy, asked by juhijoshi936, 7 months ago

Foram and Noopur are partners in a
partnership firm sharing profit and loss in
the ratio of 5:4. They admitted Dolly with
condition to give 3/5th share in profit for
which 2/5th share would be received from
Foram and 1/5th
share from Noopur.
Find out new profit-loss sharing ratio.​

Answers

Answered by tg5324732
1

Explanation:

  • foram's Share =5/9-2/5=7/45
  • Noopur's Share = 4/9-1/5=18/45
  • dolly's share = 3/5×9/9=27/45
  • new profir sharing ratio= 7:18:27
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