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A and B are partners sharing and losses ...

A and B are partners sharing and losses in the porportion of 7 : 5. They agree to admit C, their manager, into partnership who is to get 1/6th share in the profits. He acquires this share as 1/2th from A and 1/8th from B. Calculate new profit-sharing ratio.

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New Profit-sharing ratio of A, B and C-13: 7 : 4.
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TS GREWAL-Admission of a Partner-EXERCISE
  1. X, Y and Z are partners sharing profits and losses in the ratio of 5 :...

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  2. Ravi and Mukesh are sharing profits in the ratio of 7 : 3. They admit...

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  3. A and B are partners sharing and losses in the porportion of 7 : 5. Th...

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  4. A, B and C were partners in a firm sharing profits in the ratio of 3 :...

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  5. Bharati and Astha were partners sharing profits in the ratio of 3 : 2....

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  6. X and Y are partners in a firm sharing profits and losses in the ratio...

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  7. R and S are partners sharing profits in the ratio of 5 : 3. T joins th...

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  8. Kabir and Farid are partners in a firm sharing profits and losses in t...

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  9. Find New Profit-sharing Ratio: (i) R and T are partners in a firm sh...

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  10. X and Y are partners sharing profits in the ratio of 3 : 2. They admit...

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  11. Rakesh and Suresh are sharing profits in the ratio of 4 : 3. Zaheer jo...

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  12. A and B are partners sharing profits in the ratio of 3 : 2. C is admi...

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  13. A, B and C are partners sharing profits in the ratio of 4 : 3 : 2. D i...

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  14. A, B, C and D are in partnership sharing profits and losses in the rat...

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  15. X and Y are partners sharing profits and losses in the of 3 : 2. They ...

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  16. A, B and C are partners sharing profits in the ratio of 2 : 2 : 1, D i...

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  17. A and B are in partnership sharing profits and losses as 3 : 2. C is a...

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  18. P and Q are partners sharing profits in the ratio of 3 : 2. They admit...

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  19. A and B are partners sharing profits and losses in the ratio of 2 : 1....

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  20. A and B are partners sharing profits and losses in the ratio of 2 : 5....

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