Question

Q. 7. A and B share profits and losses in the ratio of 3: 2. They admit C as an
1
partner for rd share in the profits of the firm which he acquired from A and B in
ratio of 2 : 3. After some time, they admitted D as a new partner for th share in
2 D
profits which he acquired equally from A and C.
Calculate :
(i) New profit sharing ratio of A, B and C;
(ii) New profit sharing ratio of A, B, C and D.
[Ans. (i) 7:3 : 5; (ii) 11:6:7:6]
skup​

Answer 1

Answer:

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