Teena and Meena are partners sharing profit in the ratio of 5 : 4. They admit Sheena for 1/10 share of…
Sheena's share = \(\frac{1}{10}\), acquired equally from Teena and Meena (i.e., \(\frac{1}{2} \times \frac{1}{10} = \frac{1}{20}\) from each). Teena's new share =…
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Teena and Meena are partners sharing profit in the ratio of 5 : 4. They admit Sheena for 1/10 share of profits which she takes equally from both.
New profit sharing ratio will be -
Answer and explanation
Correct answer B
Sheena's share = , acquired equally from Teena and Meena (i.e., from each). Teena's new share = . Meena's new share = . Sheena's share = . Thus, the New Profit-Sharing Ratio is .
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