A B and C are equal partners. C retires. He surrenders 3/5th of his share in favour of A and 2/5th in favour of B. New ratio will be:
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Answer:
Given:-
A:B:C = 1:1:1
C retires 1/3
C surrenders 3/5th of his share in favour of A and 2/5th in favour of B
So, A acquires from C = 1/3×3/5 = 3/15
B acquires from C = 1/3×2/5 = 2/15
Calculation of new PSR of A and B - old ratio + gain = new ratio
A= 1/3 + 3/15 = 5+3/15 = 8/15
B= 1/3 + 2/15 = 5+2/15 = 7/15
New Ratio :- 8:7
hope it helps..
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