Question

X and Y are partners sharing profits and losses in the ratio of 3:2.They admitted Z for ¼th share. The new profit sharing ratio will be_______________________ (a) 9:6:5 (b) 9:8:5 (c) 9:5:6 (d) 5:6:9

Answer 1

X and Y are partners sharing profits and losses in the ratio of 3:2.They admitted Z for ¼th share. The new profit sharing ratio will be 9:8:5.

So, the answer is :-

[B] 9:8:5 ✓✓