A and B were partners . …

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A and B were partners . C joins them and it is decided that A receives half of B's share and C receives one thord of A's share , find new profit sharing ratio
Posted by Aamsb Joshi 5 years, 8 months ago
- 2 answers
Deepika Rose 6 years, 11 months ago
Suppose B's share is 1
A take 1/2 B's share = 1×1/2 = 1/2
C receive 1/3 of A's share = 1/2 ×1/3 = 1/6
Then,
New ratio of the firm will be -
A:B:C
1/2 : 1 : 1/6
3:6:1
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Priyanshu Garg 6 years, 11 months ago
0Thank You