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A and B are equal partners.They …

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A and B are equal partners.They admitted C and D as partners with 1/5 th and 1/6th share respectively. Find new profit ratio

    • Posted by Dhananjay Sharma 7 years ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Dhananjay Sharma 7 years ago

    As you wrote 1-1/5- 1/4 =11/20 is A's new share it means that 1 in this equation is A's Share

    0Thank You

    Sweety Arya 7 years ago

    Let total profit be 1 then Remaining share =1- 1/5-1/4=11/20 A new share =1/2*11/20= 11/40 B new share =1/2*11/20= 11/40 C's share =1/5 , D's share = 1/4 New ratio will be 11/40 , 11/40,1/5,1/4= 11:11:8:10

    4Thank You

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