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Paertnershp-profit sharing ratio

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(Querist)
24 May 2010 A ,B and C are partners sharing profits and losses in the ratio of 6:3:3, they agreed to take D into partnership for 1'8th share of profits.Find the new profit sharing ratio. Plz explain me this.
Thank you!
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CA. NIRMAL SINGH

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CA. NIRMAL SINGH (Expert)
24 May 2010 The new pt. sharing ratio will be 14:7:7:4
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CA. NIRMAL SINGH

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CA. NIRMAL SINGH (Expert)
24 May 2010 details
new partner sh 1/8
remaining sh 1-1/8=7/8
now 7/8 will be devided in old partners in old ratios
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
24 May 2010 AS PER MY CALCULATION NEW RATIO WILL BE
42 : 21 : 21 : 12

PLEASE CHECK YOUR ANSWER
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nimra

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nimra (Querist)
24 May 2010 Thank You sir.I too got the same answer.42:21:21:12.But in the book its answer is 14:7:7:4
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
25 May 2010 OK
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