Practicing Success
The Balance sheet of Himanshu, Pranav and Tushar who were sharing profits in proportion to their capital stood as follows:
Addition Information: On the basis of above case give answer to question: |
Determine the new profit-sharing ratio among partners, after Rachit's admission. |
2:1:2:1 5:3:2:2 5:2:3:2 3:5:2:2 |
5:3:2:2 |
Old ratio between old partners is capital ratio which means 35000:21000:14000 |