InterviewSolution
Saved Bookmarks
| 1. |
A and B are partners sharing profits and losses in the proportion of 7 : 5 . They agree to admit C, their manager, into partnership who is to get 1/6th share in the profits. He acquires this share as 1/24th from A and 1/8th from B. Calculate new profit-sharing ratio. |
|
Answer» A and B are PARTNERS sharing profits and LOSSES in the PROPORTION of 7 : 5Explanation:NEW profit-sharing ratio. is 234327 |
|