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If the new partner's share is (3/13) and the old partners' new inter-se ratio is (5:3:2), what is the complete new ratio?

Answer and explanation

Correct answer: (50:30:20:30)

The old partners' total share is (10/13). Dividing it in (5:3:2) gives (5/13,3/13,2/13) and the new partner gets (3/13).

Related tags

Inter Se RatioComplete RatioNew PartnerNew Profit Sharing RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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