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X,y and Z are partners sharing …

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X,y and Z are partners sharing profit and losses in the ratio of 5:3:2 they admit A into partnership and give him 1/5 shares of profit find the new profit sharing ratio

Posted by Pakhi ... 5 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Raman Dhillon 5 years, 3 months ago

Let total profit 1 1-1/5=4/5 4/5is remaining share 4/5 multiple 5/10=20/50 4/5 multiple 3/10=12/50 4/5 """"""" 2/10= 8/50 20:12:8 10:6:4 5:3:2 this is new share

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