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1. A and B share profits and losses in a firm in the ratio of 3 : 2. And C entered in the firm as a new partner; his profit sharing ratio is . If C has taken his share of profit from A and B in equal ratio, then the new profit shearing ratio will be ?
According to the question,
C received equal amounts from A and B
Solution:
According to the question,
C received equal amounts from A and B
A | : | B | : | C | |
New Ratio → | 95 | : | 55 | : | 50 |
19 | : | 11 | : | 10 |