what is the new partner to take 1/5th as share, what is the new profit or loss sharing ratio?

Sule and Ahmad are in partnership sharing profits and losses equally. If Khadija is admitted as new partner tot take 1/5 as her share, what is the new partner to take 1/5th as share, what is the new profit or loss sharing ratio?

A Sule 1/3, Ahmad 1/3 and Khadija 1/3

B Sule 1/5, Ahmad 15 and Khadija 3/5

C Sule 2/5, Ahmad 2/5 and Khadija 1/5

D Sule 2/5, Ahmad 1/5 and Khadija 2/5

Answer is C

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link
%d bloggers like this: