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Sharing ratio

Accountancy

If we multiply with 5/5 we get 1/25 I am getting the ratio as 7:5:3 1/5 Ã?3/3 = 3/15

Doonika Chunduri

CA Inter

★ 5K+

24-Sep-21 23:58

553

Answers (3)

Is that a printing mistake?

Thread Starter

Doonika Chunduri

CA Inter

★ 5K+

24-Sep-21 23:58

Thread Starter

Doonika Chunduri

Is that a printing mistake?

Yes it should have been C's share = 1/5 x 3/3 = 3/15 Hence new profit sharing ratio 7:5:3

Sudha Reddy

CA Final

★ 20K+

25-Sep-21 08:44

Sudha Reddy

Yes it should have been C's share = 1/5 x 3/3 = 3/15 Hence new profit sharing ratio 7:5:3

Thank you sir!

Thread Starter

Doonika Chunduri

CA Inter

★ 5K+

25-Sep-21 22:08