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A and B share profits and …

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A and B share profits and losses in the ratio of 4:3 they admit C with 3/7th share which he gets 2/7,from A and 1/7, from B. What is the new profit sharing ratio

    • Posted by Vijayalakshmi K 6 years, 4 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Aboobakkar Siddiq 6 years, 4 months ago

    Vijaylakshmi. I love you dearrrrr

    0Thank You

    Aatyant Jaiswal 6 years, 4 months ago

    New profit sharing ratio will be. For A 4/7-2/7=2/7. For B 3/7-1/7=2/7. For C 3/7. So the new profit sharing ratio is 2:2:3

    4Thank You

    Komal Garg 6 years, 4 months ago

    2:2:3

    0Thank You

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