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A and B are partners share …

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A and B are partners share in profit and loss ratio 3:2,they admited C as a new partner. A gives 1/3th of his share while B gived 1/10 th of his share. Calculate new profit sharing ratio.

    • Posted by Anindya Mallick 6 years, 9 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Nirwan Goel 6 years, 9 months ago

    A:B= 3:2

    A gives 1/3 of his share, which implies, 3/5x1/3= 3/15

    3/5-3/15= 6/15 or 30/75 

    B gives 1/10 of his share, which implies, 2/5x1/10=2/50 or 1/25 or 

    2/5-1/25= 9/25 or 27/75

    C= 3/15+1/25=15/75+3/75=18/75

    30/75:27/75:18/75

    30:27:18

     

     

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