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MA Traders MA Traders is a partnership owned by partners, Mashia and Amahle who share profits and losses in the ratio 4 : 3 respectively.
MA Traders
MA Traders is a partnership owned by partners, Mashia and Amahle who share profits and losses in the ratio : respectively.
On September the partners decided to admit Nyamazana as a partner and laid down the following terms:
The partnership namo will be MAN Traders.
Nyamazana will have a quarter interest on the net assets of the partnership.
Nyamazana will get onefifth interest on the profitslosses of the partnership.
Mashia and Amahle will share profits in the ratio :
Nyamazana's contribution into the partnership was R
Required
Calculate the partners' new profit sharing ratio. do not show any calculations here Write the final answer only in whole numbers. Do not write fraction
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