A and B share profits and losses in the Ratio of 4:3, they admit C wit – InterviewSolution

1.

A and B share profits and losses in the Ratio of 4:3, they admit C with 3/7th share; which he gets 2/7th from A and 1/7 from B. What is the new profit sharing ratio?

Answer»

A : - = 4/7-2/7 =2/7

B : = 3/7-1/7=2/7

C : =2/7+1/7=3/7

New Profit sharing Ratio is 2:2:3.

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