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»

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



Discussion

No Comment Found

Related InterviewSolutions