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Vinod and kumar are partners sharing …

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Vinod and kumar are partners sharing profits in the ratio of 3:2.They admitted mohan as a new partner for 1/5th share in the future profit. Calculate the new profit sharing of all the partners . ...with solution

Posted by Sukirti Verma 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Dolly ?️ 6 years, 7 months ago

Total sheet equal to 1 and Mohan share equal to 1 by 5 share of new form of old partner is equal to 4 by 5 hence Vinod 's share =3/5 X 4/5 12/25 Kumar's share =2/5 x4/5 8/25 Hence new PSR=12:8:5

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