Question

A & B are partners sharing profits & losses in the ratio

of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he requires 2/10 from A and 1/10 from B. Calculate the new profit sharing ratio.

A 2 : 2 : 3

B 3 : 3 : 3

C 4 : 3 : 3

D 1 : 1 : 1

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Relevant for Exams:

Coal India Management Trainee

Question

A & B are partners sharing profits & losses in the ratio

Solution

Relevant for Exams:

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