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A and B were partners sharing …

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A and B were partners sharing profits in the ratio of 21:9 . C admitted on 9/21 share in profits.calculate new profit sharing ratio of the partners.

Posted by Riya Riya 6 years, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

Aakash Anand 6 years, 5 months ago

A:B --21:9 ,C--9/21 share.Let the profit be 1 then remaing profit--(1)-9/21 i.e, (12/21).New ratio of A 21/30 multiplied by 12/21.New ratio of B 9/30 multiplied by 12/21. Now make denominator equal of A,B and C.It will come A--84/210, B--36/210, C--90/210.Hence new ratio of A,B and C will be 84:36:90.

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