Question

ILLUSTRATION 2.
7. 5
(a) Ram and Shyam are partners sharing profits and losses in the ratio of
12.12
They admit Gopi as a new partner for 1/6 th share, which he acquires equally from
Ram and Shyam. Calculate the new profit sharing ratios of the partners.
(b) A, B and C were partners in a firm sharing profits in the ratio of 3: 2:1. They
admitted D as a new partner for 1/8th share in the profits, which he acquired 1/16th
from B and 1/16th from C.
Calculate the new profit sharing ratio of A, B, C and D.
(C.B.S.E. 2016)​

Answer 1

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