Question

A and B share profits and losses in the ratio of 5:3 They admit C as a partner for 1
/5
th share

Show the new profit sharing ratio in each of the following cases :

(i) If new partner acquires his share of profits in the original ratio of existing partners.​

Answer 1

Answer:

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Answer 2

Explanation:

A and B share profits and losses ratio

=5:3

c's ratio =1/5

let total profit is = 1

Remaining profit =1-1/5

=5-1/5

=4/5

A's profit ratio =5/8×4/5

=5×4/8×5

=20/40

=1/2

B's profit ratio =3/8×4/5

=3×4/8×5

=12/40

=3/10

new profit sharing ratio in each

A B C

1/2 3/10 1/5

answer:-