Question

15. Anil and Vishal are partners sharing profits in the ratio of 3: 2. They admitted Sumit as a new partner for 1/5 th
share in the future profits of the firm. Calculate new profit sharing ratio of Anil, Vishal and
sumit
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Answer 1

Answer:

12:8:5

Explanation:

Sumit's share = 1/5

Remaining share = 1 - 1/5 = 4/5

Anil's new share = 3/5 X 4/5 = 12/25

Vishal's new share = 2/5 X 4/5 = 8/25

New profit sharing ratio of Anil, Vishal and Sumit are 12:8:5