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Two old partners share in (3:2). The new partner receives (1/5) of the first partner's share and (1/4) of the second partner's share. What is the new ratio?

Answer and explanation

Correct answer: (48:30:17)

The sacrifices are (3/25) and (1/10). The new shares are (12/25,3/10,11/50), so the ratio is (24:15:11).

Related tags

Fraction Of ShareCalculationNew RatioNew Profit Sharing RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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