Question

A,B&C are the partners in a firm , sharing profits in the ratio of 5:3:2 Dis admitted for 1/5th share in profit of the firm. calculate new profit sharing and sacrifing ratio​

Answer 1

Explanation:

A,B,C=5:3:2 or 5/10:3/10:2/10

D=1/5

A: 5/10-1/5

=5-1/10

=[4/10 ]

B: 3/10-1/5

=3-1/10

=[2/10]

C: 2/10-1/5

=2-1/10

=[1/10 ]

NPSR(new profit sharing ratio) of A,B&C

=4/10:2/10:1/10

=4:2:1

SR=1:1:1