X and Y are partners sharing profits in the ratio of 2 : 1. Z is admitted with 5/11th share which he takes 3/11th from X and 2/11th from Y. Calculate the new profit-sharing ratio of the partners
X and Y are partners sharing profits in the ratio of 2 : 1. Z is admitted with 5/11th share which he takes 3/11th from X and 2/11th from Y. Calculate the new profit-sharing ratio of the partners.
[Ans. 13 : 5 : 15.]
Anurag Pathak Answered question August 20, 2024