Raj, Ram and Ramesh are partners sharing profits and losses in the ratio of 5: 3: 2. They admit Suresh into partnership and give him 1 / 5th share of profits. Find the new profit-sharing ratio. Post category:Accountancy Reading time:1 mins read SOLUTION Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostMohan and Mahesh are partners in a firm sharing profits and losses in the ratio of 3: 2. Nusrat is admitted as partner with 1 / 4 share in profit. Nusrat takes his share from Mohan and Mahesh in the ratio of 2: 1. Calculate new profit-sharing ratio. Next PostS, B and J were partners in a firm. T was admitted as a partner in the partnership firm for 1 / 5th share of profits. Calculate the sacrificing ratio of S, B and J. (CBSE 2019) You Might Also Like Amount raised by a company by debenture is loan or capital? September 29, 2022 Trade Receivables turnover ratio of a Company is 3 times, State, giving reason, whether this ratio will (a) increase, (b) decrease, or (c) not alter because of Credit Revenue from Operations of Rs. 50,000. October 3, 2022 Rajesh and Ravi are partners sharing profits in the ratio of 3 : 2. Their Balance Sheet at 31st March, 2019 stood as: August 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.