R and S share profits in the ratio of 3 : 2. They admitted T as partner for 1/4 share which will be borne by R and S equally. Find out the new profit-sharing ratio
R and S share profits in the ratio of 3 : 2. They admitted T as partner for 1/4 share which will be borne by R and S equally. Find out the new profit-sharing ratio.
[Ans. New Profit Sharing Ratio 19 : 11 : 10.]
Anurag Pathak Answered question August 20, 2024