A and B are partner in a firm sharing profit in the ratio 2:1.C joins the firm.A surrender 1/4 th of his share and B 1/5 th of his share in facoyr of C. find the N. P.S.R?
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Explanation:
sacrifice of A = 2/3 * 1/4 = 2/12
= 1/6 * 5/5 = 5/30
sacrifice of B = 1/3 * 1/5
= 1/15 * 2/2 = 2/30
S.R = 5:2
New share of A = 2/3 - 5/30
= 15/30
New share of B = 1/3 - 2/30
= 8/30
New share of C = 5/30 + 2/30
= 7/30
therefore, N.P.S.R = 15:8:7 = A:B:C.
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