Question

5. Find new profit-sharing ratio:
(1) Kishore, Lata and Asha are partners sharing profits and losses in the ratio of 2/6:3/6: 1/6. They admit
Bhappi for 1/6th share. Asha would retain her original share.​

Answer 1

Answer:

Explanation:

New ratio= 8:12:5:5

Explanation:

Total share = 1

Remaining share= 1-(1/6+1/6). =2/3

New share:

Kishore= 2/5x2/3=4/15

Lata=3/5x2/3=6/15

New ratio = 4/15:6/15:1/6:1/6

=8:12:5:5/30