pradeep and sandeep are partners sharing profits and losses in the ratio 5:3. they admit pramod into partnership and offer him 1/6th of share which he acquired in the ratio 3:1 from old partners. calculate NPSR.
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If Pradeep and Sandeep are partners in a firm sharing profits and losses in the ratio of 5 : 3 and Pramod is admitted as partner with 1/6 th share in profit which he acquires from Pradeep and Sandeep in the ratio of 3 : 1; then the New Profit Sharing Ratio of Pradeep, Sandeep and Pramod will be 3 : 2
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