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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 was admitted on 9/21 share in the profits. Calculate new profit sharing ratio of the partners. plz solve this question step wise....

Posted by Priyanshi Kumari 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Shalu Singh 5 years, 2 months ago

Let total profit be 1 Share given to C = 9/21 Remaining share = 1-9/21 = 12/21 Now the old partners will share the remaining share in their profit sharing ratio. A's new share = 21/30*12/21 = 2/5 B's new share = 9/30*12/21 = 6/35 Thus final profit sharing ratio will be: 2/5:6/35:9/21 As the denominator needs to be same hence 42:18:45÷105 = 42:18:45 = 14:6:15 ans

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