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Marhumu and Yusuf are in partnership sharing profits and losses in the ratio of ...


Question

Marhumu and Yusuf are in partnership sharing profits and losses in the ratio of 2:1. On 31/3/2000, the partnership decided to admit Idris who is to take 1/4 of future profits without changing the ratio of Marhumu and Yusuf.

What is the new profit-sharing ratio of Marhumu and Yusuf?

Options

A)
50% : 25%
B)
50% : 20%
C)
25% : 50%
D)
25% :25%

The correct answer is A.


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