Question

A and B were partners in a firm sharing profits and losses in the ratio of 3:2.
They admit C into the partnership with 1/6 share in the profits. Calculate
new profit sharing ratio?​

Answer 1

Answer:

3:2:1

Explanation:

old partners ratio 3:2.

A 3/5 and B 2/5

C for 1/6th share

let total profit be 1

remaining share 1-1/6

1-1/6 5/6

A's new ratio 15/30

B's new ratio 10/30

All partners ratio

15/30, 10/30 , 5/30

new ratio 15:10:5

or 3:2:1