Question

6.
Apte, Bhate and Chitale are sharing 1/2, 3/10, and 175 if Apte retire their new ratio willy
a) 5:2
b) 3:2
c) 5:3
d) 2:5​

Answer 1

Answer:

b) 3:2 is the answer of this answer

Answer 2

The correct answer is: (option B) 3:2

Given: Apte, Bhate and Chitale are sharing 1/2, 3/10, and 1/5 and Apte retires.

To find: The new ration.

Solution:

Profit sharing of Apte, Bhate and Chitale is 1/2, 3/10, and 1/5 respectively.

Now,

As Apte retires,

∴ New profit sharing ration will be:

Bhate = 3/10

And

Chitale = 1/5 = (1 × 2) / (5 × 2) = 2/10

Therefore,

Bhate : Chitale = (3/10) : (2/10) = 3:2

Thus, the new profit sharing ration between Bhate and Chitale is (option B) 3:2.

Additional Information:

Profit Sharing Ratio: The proportional distribution of a company's gains or losses is known as the profit sharing ratio. The profit-sharing percentages for a partnership will be specified in the partnership agreement. This will display the amount, which is typically expressed as a percentage of total profits, which can be assigned to each partner.

#SPJ3