Question

The ratio in which A and B share profit is 3:2, C is admitted for 1/5th shares which he
acquires equally from A and B. Find the new ratio. If C brings 35,000 as goodwill how it
will be divided between A and B.
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Answer 1

Answer:

3+5 = 8

3/8 × 35,000 = 13125

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