Question

X and Y are partners sharing profits and losses in the ratio of 3 : 2. Z is admitted for 1/5th share in profits which he gets from X. New profit sharing ratio will be *
1 point
12 : 8 : 5
8 : 12 : 5
2 : 2 : 1
2 : 2 : 2

Answer 1

Answer:

X and Y are partners sharing profits and losses in the ratio of 3 : 2. Z is admitted for 1/5th share in profits which he gets from X. New profit sharing ratio will be *

1 point

12 : 8 : 5

8 : 12 : 5

2 : 2 : 1

2 : 2 : 2