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Querist : Anonymous

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Querist : Anonymous (Querist)
19 October 2011 A,B,C are partners in the ratio 3:2:1. D is admitted in the firm for 1/6th share in profits. C would retain his original share. The new ratio between A,B,C and D will be?

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CA RICHA BADALIA

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CA RICHA BADALIA (Expert)
19 October 2011 A 3/6-1/6*3/5=12/30
B 2/6-1/6*2/5=8/30
C 1/6*5/5=5/30
D 1/6*5/5=5/30

Therefore,New ratio=12:8:5:5

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