Question

4. X, Y and Z are partners in a firm who sharing profit an
and his share was shared by X and Z equally. Calculate the new profit-sharing ratio of X and Z.
[Ans. New ratio = 7:5.]
5. A, B and Care partners in a firm sharing profit and losses in the ratio of 5:3:2. B retires from
the firm and his share was taken up by A and C in the ratio of 2 : 1. Calculate new profit-
sharing ratio of the partners.
[Ans. New ratio = 7:3.]​

Answer 1

Answer:

Let the share be 1

Remaining share 1-2/3 =1/3

Share of a =7/10 *1/3 = 7/30

Share of b = 5/10 * 1/3 = 5/30

Share of c = 2/3 * 10/10 =20/30

NPSR= 7:5:20