A and B are in partnership sharing profits and losses as 3 : 2. C is admitted for 1/4th share.
Channel: Doubtnut
Date: 29/03/2020

A and B are in partnership sharing profits and losses as 3 : 2. C is admitted for 1/4th share. Afterwards D enters for 20 paise in the rupee. Compute profit-sharing ratio of A, B, C and D after D\'s admission.