Question

10. X, Y and Z are partners sharing profits in the ratio of 2:3:5. Calculate new profit sharing ratio of partners if X acquires 1/5th share from Z .​

Answer 1

X's old ratio= 5/10

Y's old ratio= 3/10

Z's old ratio= 2/10

A is admitted for 1/5th share in the profits.

Hence, remaining share= 1-[1/5]

                                       = 4/5

New Profit sharing ratio:

X's new share= 5/10 * 4/5

                       = 2/5

Y's new share= 3/10 * 4/5

                       = 6/25

Z's new share= 2/10 * 4/5

                      = 4/25

A's new share= 1/5

New profit ratio= 10:6:4:5Answer:

Explanation:

Answer 2

Explanation:

Solution :

★ Old Ratio :

X : Y : Z = 2:3:5

• X = 2/10
• Y = 3/10
• Z = 5/10

X acquires 1/5 th share from Z

• X's new share =

2/10 + 1/5 = (2 + 2)/10

4/10

• Y 's new share = 3/10 (no change)

• Z's new share =

5/10 - 1/5 = (5 - 2)/10

3/10

New profit sharing ratio =

• X : Y : Z
• 4/10 : 3/10 : 3/10

= 4 : 3 : 3

Therefore, new profit sharing ratio of partners is 4 : 3 : 3