Question

a ,b and c are partner in a firm sharing profit in the ratio of5:3:2. d is admitted for 2/10 share in profit of the form c will retain his original share. calculate new profit sharing ratio​

Answer 1

Answer:

see below

Explanation:

Old ratio (A, B and C) = 3 : 2 : 1

W is admitted for 1/6th share

A's contribution in favour of W = 3/30   (note 1)

B's contribution in favour of W = 2/30    (note 1)

New ratio = Old ratio - Sacrificing ratio

A's new share = (3/6) - (3/30) = 12/30

B's new share = (2/6) - (2/30) =  8/30

C's  share = 1/6 or 5/30       (it remains unchanged)

W's share = 1/6 or 5/30

Therefore, new profit sharing ratio of A, B C and W is 12 : 8 : 5 : 5

Notes:

1. In silent question, A and B will contribute in favour of in old ratio.