Ask a Question

A and B are partners sharing profits in the ratio of 4 : 3. They admitted C as a new partner who gets 1/5th

0 votes
79 views
in Accountancy by (98.9k points)
edited
A and B are partners sharing profits in the ratio of 4 : 3. They admitted C as a new partner who gets 1/5th share of profit, entirely from A. The new profit sharing ratio will be :

(A) 20 : 8 : 7
(B) 13 : 15 : 15
(C) 13 :15:7
(D) 15 : 13 : 5

1 Answer

0 votes
by (98.9k points)
edited
(C) 13 :15:7

Related questions

Doubtly is an online community for engineering students, offering:

  • Free viva questions PDFs
  • Previous year question papers (PYQs)
  • Academic doubt solutions
  • Expert-guided solutions

Get the pro version for free by logging in!

Most popular tags

jeemain geography-10th engineering physics semester 5 web computing

5.7k questions

5.1k answers

108 comments

531 users

Doubtly
...