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Class 12 · Accountancy

Rohit and Mohit share profits in (5:3). Sohit is admitted for (1/4) share which is taken from Rohit only. What is the new ratio?

Class 12 · Accountancy

Reena and Seema share profits equally. Meena is admitted for (1/4) share. If Meena gets her share equally from both old partners then what is the new ratio?

Class 12 · Accountancy

Aman and Bharat share profits in old ratio (3:2). Chetan is admitted for (1/5) share. If Chetan gets his share from the old partners in old ratio then what is the new profit sharing ratio?