Saved Bookmarks
| 1. |
2- A and B are partners sharing profits in the ratio 5:3, they admitted C giving him 3/10thshare of profit. If C acquires 1/5 from A and 1/10 from B, new profit sharing ratio will be: |
|
Answer» C's share = 3/10 remaining = 1 - 3/10 = 7/10 A's new share = 5/8 *7/10 = 35/80 B's new share =3/8 * 7/10 = 21/80 C's share = 3×8/10 ×8 = 24/80 here I MULTIPLIED by 8 to make same denominator of all three . So new ratio = 35: 21 : 24 Answer |
|