Question

A and B are equal partners. They admitted C for 1/7\h share. Find out new
Ratio.​

Answer 1

Answer:

I think in question it does not ask as new profit ratio because there is no profit exist in before times according to the data given,it is find as if it is asked as what is the profit ratio of a and b;

given

share of c is=1/7;

so remaining share is 6/7;

it is already given as A and B are equal partners,so

share of A=3/7 and B=3/7;

let we take the profit for 1 year,then

the profits ratios are 3/7:3/:1/7

on simplifying we get 3:3:1;

let the total profit for one year be 50000

so let p=profit

3 p+3 p+p=35000;

1 p=35000/7;

p=5000;

finally the profit of A is 3 p=3(5000)=15000;

the profit of B is =3 p=3(5000)=15000;

the profit of c is p=5000;

we concluded as the profit ratio of both A and B are 1:1