Accountancy, asked by choudarymehak2004, 7 months ago

x and y are sharing profits in the ratio of 4:3.z joins. and the new ratio among x, y and z is 7:4:3 what ​

Answers

Answered by iharshupandey
1

Answer:

2:2:3

Explanation:

Old ratio (X and Y) = 4 : 3

Z admit for 3/7 share of profit

X sacrifice in favour of Z = 2/7

Y sacrifice in favour of Z = 1/7

New ratio = Old ratio - sacrificing ratiio

X's new ratio = (4/7) - (2/7) = 2/7

Y's new ratio = (3/7) - (1/7) = 2/7

C's share = 3/7

Therefore, new profit sharing ratio of X, Y and Z is 2 : 2 : 3

Similar questions