Subjective Questions on Ravi and Mukesh are sharing profits in the ratio of 7 3 They admit Ashok for 3 7th share in the firm........... for Commerce ( 11 and 12th) Preparation

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Subjective Questions

Ravi and Mukesh are sharing profits in the ratio of 7 3 They admit Ashok for 3 7th share in the firm...........

Accountancy ( 12th) Admission of a Partner
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    Ravi and Mukesh are sharing profits in the ratio of 7 : 3. They admit Ashok for 3/7th share in the firm which he takes 2/7th from Ravi and 1/7th from Mukesh. Calculate new profit-sharing ratio.

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