A and B are sharing profits and losses in the ratio 5 : 3. They admitted C as a partner
and gave him 1/5th share of the profits. He acquired his share equally from A and B. New
profit sharing ratio will be:
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Given:
- A and B are partners sharing profits and losses in the ratio 5:3.
- C was admitted as a partner for 1/5th of the share in profits/losses.
- C acquired his share from A and B equally.
To find: The new profit-sharing ratio.
Answer:
- A's old share = 5/8
- B's old share = 3/8
- C's share = 1/5
From A, C gets:
- 1/2 × 1/5 = 1/10
From B, C gets:
- 1/2 × 1/5 = 1/10
Calculation of the new profit-sharing ratio:
New ratio = Old ratio - Sacrifice made
For A:
- New ratio = 5/8 - 1/10 = (50 - 8)/80 = 42/80
For B:
- New ratio = 3/8 - 1/10 = (30 - 8)/80 = 22/80
For C:
- New ratio = 1/5, or 16/80
Therefore, the new profit-sharing ratio is 42:22:16 or 21:11:8.
Answered by
0
Answer:21:11:8
Explanation:
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