Question

. A and B are partners sharing profit in equal ratio. C is admitted for 1/3 share. New ratio between them will be

Answer 1

Given data:

• A and B are partners sharing profits and losses in equal ratios [1:1.]
• C is admitted for 1/3rd share.

To find: The new profit sharing ratio.

Answer:

Let the profit be assumed as 1.

C's share = 1/3

The remaining share = 1 - 1/3 = 2/3.

The remaining share needs to be distributed among partners A and B in their old ratio [1:1.]

For A:

• 2/3 × 1/2 = 2/6

For B:

• 2/3 × 1/2 = 2/6

For C:

• As calculated above, 2/3. To equalize it with the other fractions, 2/3 × 2/2 = 4/6

Therefore, the new profit sharing ratio is 2:2:4, or 1:1:2.

Answer 2

☀︎︎ANSWER☀︎︎

GIVEN:-

A and B are sharing profit in equal ratio.

C is admitted for 1/3 share.

TO FIND OUT:-

The new profit ratio between them.

SOLUTION:-

Let the profit be concluded as 1,

C's share = 1/3

So, the remaining share =

$1 - \frac{1}{3} = \frac{2}{3}$

Remaining share distribited among A and B in their old ratio.

A

$\frac{2}{3} \times \frac{1}{2} = \frac{2}{6}$

B

$\frac{2}{3} \times \frac{1}{2} = \frac{2}{6}$

C

$\frac{2}{3} \times \frac{2}{2} = \frac{4}{6}$

HENCE , THE NEW PROFIT RATIO IS 2:2:4.

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