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?
What is the new profit-sharing ratio of Marhumu and Yusuf?
-
A.
50% : 25% -
B.
50% : 20% -
C.
25% : 50% -
D.
25% :25%