Question

14. A and B are partners sharing profits and losses in the ratio of 2:1. They admit C for 1/3 rd share which he acquires in equal proportion from both. Find the new profit sharing ratio. (Foreign 2009)​

Answer 1

Answer:

I don't know

sorry... forgive me

Answer 2

Example:-

Question:

A and B are partners sharing profits in the ratio of 1:2. They admit C for 1/5th share and decide to share future profits equally. The new profit sharing ratio will be?

Solution:

Old ratio (A and B) =1: 2

C is admitted for 1/5 share of profit

Let the combined share of all partners after C's admission = 1

Combined share of A and B in the new firm

= 1 - C's share

= 1 - (1/5)

= 4 1

--- × ---

5 2

= 4

--- each

10

New ratio of A, B and C -

= 4 4 1

--- : --- : ---

10 10 5

= 4 : 4 : 2

= 2 : 2 : 1

I think you git an idea seeing this!!!