X and Y are partners in a firm sharing profits and lossess in the ratio of 9:6. A new paetner Z is admitted X surrender 3/15th of share of his profit in favour of Z and Y 6/15th of his share in favour of Z. Calculate the new profit sharing ratio
Answers
Answered by
20
Answer:
the new profit sharing ratio of X Y and Z. is. 12 : 6 : 7
Attachments:
Answered by
4
Question:-
X & Y are partners in a firm sharing profits and losses in the ratio of 9:6. A new partner z is admitted. X surrenders 3/15th share of his profits in favour of z & y surrenders 6/15th share of his profits in favour of z. Calculate new profit sharing ratio.
Answer:-
Old ratio of X & Y
X surrender 3/15 of his share
Y surrender 6/15 of his share
Z's new share = Share surrendered by X + Share surrendered by Y
New ratio:-
Similar questions