Q1047
Gautam and Mahavir are partners in partnership firm sharing profits and losses 5 : 3. They admitted navin for 1/5^ th share. What will be new profit sharing ratio of partners?
Gautam and Mahavir are partners in partnership firm sharing profits and losses 5 : 3. They admitted navin for share. What will be new profit sharing ratio of partners?
A.
5 : 3 : 1
B.
5 : 3 : 2
AnswerC.
5 : 3 : 3
D.
None of the above
Answer: Option B
Solution
Answer: Option B
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