A and B are partners sharing profit in the ratio of 3 : 2. They admit C as a partner by giving him 1/3rd share in future profits. The new ratio will be:"
Answer & explanation
Correct answer: option 4
"C- 1-1/3 = 2/3 (for remaining partners)
A- 2/3*3/5 =6/15
B- 2/3*2/5 = 4/15
New Ratio - 6:4:5
"
A- 2/3*3/5 =6/15
B- 2/3*2/5 = 4/15
New Ratio - 6:4:5
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