A and B are partners sharing profit in the ratio of 5 ratio 3 C is admitted for one fourth share in the profit calculate new profit ratio of the partner
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old partner ratio = 5:3
A= 5/8
B = 3/8
C is admitted for 1/4
let new share = 1
total share 1-1/4
=3/4
A"s New share= 5/8×3/4=15/32
B's New Share =3/8×3/4 = 9/32
C's New share = 1/4×8/8= 8/33
New Ratio of A,B andC = 15:9:8
A= 5/8
B = 3/8
C is admitted for 1/4
let new share = 1
total share 1-1/4
=3/4
A"s New share= 5/8×3/4=15/32
B's New Share =3/8×3/4 = 9/32
C's New share = 1/4×8/8= 8/33
New Ratio of A,B andC = 15:9:8
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