A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admit C into the partnership with 1/6 share in the profits. Calculate the new profit sharing ratio?
A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admit C into the partnership with 1/6 share in the profits. Calculate the new profit sharing ratio?
[Ans : 3 : 2 : 1]
Anurag Pathak Answered question August 9, 2024