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A and B were Sharing Profit of a business in the ratio of 3 : 2. They admit C into partnership, who gets $$\frac{1}{3}$$ of the share of profit from A, $$\frac{1}{2}$$ of the share of profit from B. What will be the new profit sharing ratio now:

A and B were Sharing Profit of a business in the ratio of 3 : 2. They admit C into partnership, who gets $$\frac{1}{3}$$ of the share of profit from A, $$\frac{1}{2}$$ of the share of profit from B. What will be the new profit sharing ratio now: Correct Answer 2 : 1 : 2

Related Questions

X and Y were sharing profit and loss of the business in the ratio of 3 : 2. They decided to admit Z, who will get $$\frac{1}{3}$$ of X share of profit form X and $$\frac{1}{2}$$ of Y share of profit from Y. New profit sharing ratio will be
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A and B are partners sharing profit and loss in the ratio of 4 : 3. They admit C to the partnership for $$\frac{1}{5}$$ profit of the firm to be borne $$\frac{3}{{20}}$$ by A and $$\frac{1}{{20}}$$ by B. The new profit sharing ratio of A, B and C will be:
Which of the following is not an agreement in restraint of trade?
1. A sells the goodwill of his business with an agreement not to carry on a similar business within specified local limits, so long as the buyer carries on a similar business.
2. A sells the goodwill of his business with an agreement not to carry on a similar business within India, so long as the buyer carries on a similar business.
3. A sells the goodwill of his business with an agreement not to practice the same trade for 25 years.
4. A sells the goodwill of his business with an agreement not to engage in any business competing or liable to compete in any way with the business for the time being carried on by the buyer.
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