0

Singh, Gupta and Khan are partners in a firm sharing profits in 3 : 2 : 3 ratio. They admitted Jain as a new partner. Singh surrendered 1/3 of his share in favour of Jain: Gupta surrendered 1/4 of his share in favour of Jain and Khan surrendered 1/5 in favour of Jain. Calculate new profit sharing ratio?

[Ans : 20 : 15 : 24 : 21]

Anurag Pathak Answered question August 10, 2024
Add a Comment