Question

A and B are partners in a firm sharing profit and loss in the ratio of 3:2. They admit X and Y as partner with 1/4th and 1/5th share respectively. Find out the new profit sharing ratio
(a) 33:22:25:20
(b) 30:20:25:20
(c) 22:33:20:25
(d) 15:10:25:10​

Answer 1

Answer:

c)22:33:20:25

Explanation:

i I hope this is correct answer

Answer 2

Explanation:

★ Old Ratio :

A : B = 3:2

A's share = 3/5

B's share = 2/5

They admit X and Y as partner with 1/4th and 1/5th share respectively.

Let,

Total profit of firm = 1

Remaining share =

1 - 9/20 = 11/20

★ New profit sharing ratio =

• A's new share =

3/5 × 11/20 = 33/100

• B's new share =

2/5 × 11/20 = 22/100

• X's share =

1/4 × 25/25 = 25/100

• Y's share =

1/5 × 20/20 = 20/100

New profit sharing ratio =

A : B : X : Y

33/100 : 22/100 : 25/100 : 20/100

33 : 22 : 25 : 20

Therefore, Option (a) 33:22:25:20

The new profit sharing ratio is 33 : 22 : 25 : 20