A, B and C were partners in a firm sharing profits in 1 : 2 : 3 ratio. They admitted D as a new partner for 1/6th share. D acquired his share 1/24 from A, 1/24 from B and 1/12 from C. Calculate new profit sharing ratio
A, B and C were partners in a firm sharing profits in 1 : 2 : 3 ratio. They admitted D as a new partner for 1/6th share. D acquired his share 1/24 from A, 1/24 from B and 1/12 from C. Calculate new profit sharing ratio.
[Ans. 3 : 7 : 10 : 4]
Anurag Pathak Answered question August 20, 2024