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a b c d are partners. a and b share 2/3 of profits equally and C and D share remaining profits in the ratio of 3:2. fine the profit sharing ratio of a, b, c and d
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Answer is (i).
A and B share 2/3 of profits equally.
C and D share 1/3 of profits in the ratio of 3 : 2.
A and B gets 1/3 of profits, C gets 3/15 and D gets 2/15.
, hence the ratio is '5 : 5 : 3 : 2'!
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