Question

A and B are sharing profit in the ratio of 4 : 1. They admit C as a partner by giving him 1/2 share in future profits. The new ratio will be ......... ​

Answer 1

Answer:

4:1:2is the ratio by sharing for the partner

Answer 2

Answer:

A's old share= 4/5

B's old share=1/5

remaining share= 1-1/2= 1/2

remaining share 1/2 will be shared by A&B

A's new share =1/2×4/5 =4/10

B's new share=1/2×1/5=1/10

C's new share=1/2×5/5=5/10

New profit sharing ratio=4:1:5