Question

A and B are partners in a firm sharing

profits and losses in the ratio of 2 : 1. They

admit new partner C for 1/6th share in

profits. What will be the new profit

sharing ratio of A, B and C:​

Answer 1

Answer:

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Answer 2

Answer:

2 : 1 : 3

Explanation :

Calculation of new profit sharing ratio :-

old ratio of A and B = 2 : 1 or ⅔ : ⅓

C's share = ¼ ; Remaining share of

A and B = 1 - 1/6 = 5/6

:- A's share =

$\frac{5}{6} \times \frac{2}{3} = \frac{10}{18}$

B's share =

$\frac{5}{6} \times \frac{1}{3} = \frac{5}{18}$

C's share =

$\frac{5 \times 3}{6 \times 3} = \frac{15}{18}$

New profit sharing ratio of A,B and C =

$\frac{10}{18} : \frac{5}{18} : \frac{15}{18} \\ \\ \\ \\ 2 : 1 : 3$