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Jayant, Kartik and Leena were partners in a firm sharing profits and losses in the ratio of 5:2:3. Kartik died and Jayant and Leena decided to continue the business. Their gaining ratio was 2:3. Calculate the new profit sharing ratio of Jayant and Leena. |
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Answer» Jayant, Kartik and Leena were partners in a firm sharing profits and losses in the ratio of 5:2:3. Kartik died and Jayant and Leena decided to continue the business. Their gaining ratio was 2:3. Calculate the new profit sharing ratio of Jayant and Leena. |
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