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A and B are partners sharing profit and losses in the ratio 3:2. C is admitted for 1/5 th share of profits out of which half share was gifted by A and the remaining share was taken by C equally from A and B. Calculate the new profit sharing ratio? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about A and B are partners sharing profit and losses in the ratio 3:2. C is admitted for 1/5 th share of profits out of which half share was gifted by A and the remaining share was taken by C equally from A and B. Calculate the new profit sharing ratio? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing profit and losses in the ratio 3:2. C is admitted for 1/5 th share of profits out of which half share was gifted by A and the remaining share was taken by C equally from A and B. Calculate the new profit sharing ratio?.

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