Anil, Apoorv, Pooja and Badal are in partnership sharing profits and losses in the ratio of 36 : 24 : 20 : 20 respectively. Babu joins the partnership for 20% share and Anil, Apporv, Pooja and Badal in future would share profits among themselves as 3/10 : 4/10 : 2/10 : 1/10. Calculate new profit sharing ratio after Babu’s admission.
Anil, Apoorv, Pooja and Badal are in partnership sharing profits and losses in the ratio of 36 : 24 : 20 : 20 respectively. Babu joins the partnership for 20% share and Anil, Apporv, Pooja and Badal in future would share profits among themselves as 3/10 : 4/10 : 2/10 : 1/10. Calculate new profit sharing ratio after Babu’s admission.
Anurag Pathak Changed status to publish June 27, 2023
