Accountancy, asked by EmanTahir2609, 5 months ago

Punjab and Haryana are partners in the firm sharing profit equal ratio Himachal add for 1/10 share.

Answers

Answered by ananditanunes65
0

Old ratio-1:1

Himachal's share in profit-1/10

New ratio-

1-1/10=9/10

Punjab's profit=1/2×9/10=9/20

Haryana's profit=profit=1/2×9/10=9/20

Himachal's profit=1/10×2/2=2/20

Therefore, new.profit sharing ratio=9:9:2

Hope this helps you

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