Sarthaks Test
0 votes
2.5k views
in Accounts by (64.1k points)
edited by

Rand S are partners sharing profits in the ratio of 5:3. T joins the firm as a new partner. R gives 1/4th of his share and S gives1/5th of his share to the new partner. Find out new profit-sharing ratio. 

1 Answer

0 votes
by (106k points)
selected by
 
Best answer

R : S

Old Ratio 5 : 3

Sacrificing Ratio = old Ratio x surrended Ratio 

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...