in a partnership business ,the ratio of share of profit of two friends is 1/2:1/3,then the ratio of principal is
Answers
Answered by
12
The ratio of principal is 3:2
Step-by-step explanation:
Answered by
15
The ratio of principal would be 3:2.
Step-by-step explanation:
Since we have given that
Share of profit of two friends is given by
So, the ratio of principal would be
Hence, the ratio of principal would be 3:2.
# learn more:
A and B are partners sharing profits in the ratio of 3: 2. They admit C into
partnership giving him 1/2 share in profits which he acquires from A and B
in the ratio of 3 : 1. Calculate the new profit sharing ratio.
https://brainly.in/question/10133078
Similar questions