Accountancy, asked by gunusachdeva2002, 2 months ago

SECTION
V
Rakesh, Kapil and Swami are partners in a firm sharing
profits and losses in 3 : 2: 7 ratios. They admit Ravi as a
new partner for 1/8 share in the profit. Calculate
(a) The profit sharing ratio between Kapil and Ravi.
7664/NJ/000/HHH/1
4
(b) The new profit sharing ratio between Rakesh, Kapil
and Swami.

Answers

Answered by ramalingamcuddalore2

Explanation:

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