Question

A and B are partners sharing profits in the ratio of 5: 3. C is admitted for 3/10th share
of profits out of which half share was gifted by A and the remaining share was taken by
C equally from A and B. Calculate new profit-sharing ratio.​

Answer 1

Answer:

New profit sharing ratio of A,B and C 4:3:3

Explanation:

1)old share A B

5/8 3/8

2)share gifted by A 3/10x 1/2 = 3/20 .......

3) share acquired by c 3/20×1/2=3/40 3/20×1/2=3/40

New share of A= Old share- share gifted- share acquired by c= 5/8- 3/20- 3/40 = 25 - 6 -3/60 = 16/40

New profit sharing of B= 3/8- 3/40 = 15-3/40 = 12/40

New profit sharing ratio of A,B and C = 16/40:12/40 :3/10

= 4:3:3

Answer 2

Explanation:

I hope it will help u as well as make u understand in a easy way