Sits n gita r partners sharing profits in ratio 3:2 ( sita capital ?6000 n gita capital ?3000) They admitted Rita for 1/5 th share of profit . How much Rita should bring towards her capital???? Ans is ?2250 Explain hw to solve this question
New p&l ratio is 12:8:5
As for 20 share of sita nd gita capital is 9000 so for 25 share (complete share of the firm) is 11250 hence capital of new partner is 11250-9000 ie; 2250.
Combined capital of old partners ÷ combined profit sharin ratio of old p × profit share ratio of new partner