1.

A and Bare sharing profits in the ratio 3:2 and C is admitted for 1/5th share.C brings in ₹120000 as his share in capital net worth of the firm is ?

Answer»

A,B,C=5:3:2 or 5/10:3/10:2/10 D=1/5 A: 5/10-1/5 =5-1/10 =[4/10 ] B: 3/10-1/5 =3-1/10 =[2/10] C: 2/10-1/5 =2-1/10 =[1/10 ] NPSR(NEW profit SHARING ratio) of A,B&C =4/10:2/10:1/10 =4:2:1 SR=1:1:1Explanation:



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