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Anil and Vishal are partners sharing pro...

Anil and Vishal are partners sharing profits in the ratio of 3:2. They admitted Sumit as a new partner for `1//5` share in the future profits of the firm. Calculate new profit sharing ratio of Anil. Vishal and Sumit.

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`{:("Sumit's share",=,(1)/(5),,),("Remaining share",=,1-(1)/(5),=,(4)/(5)),("Anil's new share",=,(3)/(5)" "of" "(4)/(5),=,(12)/(25)),("Vishal's new share",=,(2)/(5)" "of" "(4)/(5),=,(8)/(25)):}`
New profit sharing ratio of Anil, Vishal and Sumit will be 12 : 8:5. Note: It has been assumed that the new partner acquired his share from old partners in
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NCERT-RECONSTITUTION OF A PARTNERSHIP FIRMADMISSION OF A PARTNER -Numerical Questions
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