Accountancy, asked by jatinderkumerk, 6 months ago

X and Y are partners in a firm sharing profits and losses in the ratio of 3:2. the admit Z into partnership with 1/8 share in the profit. it is decided that X and Y will share profit and losses in future in the ratio of 4:3. calculate the new profit sharing ratio.

Answers

Answered by kritarthpathak
0

Explanation:

X and Y are partners in a firm sharing profits and losses in the ratio of 3:2. the admit Z into partnership with 1/8 share in the profit. it is decided that X and Y will share profit and losses in future in the ratio of 4:3. calculate the new profit sharing ratio.

Similar questions