Question

A,B and C are partners sharing profit and losses in the ratio 2:3:5.C wants to retires and C's share of profit calculate new profit _sharing ratio.​

Answer 1

Answer:

A, B and C were partners sharing profits in the ratio of 1/2, 2/5 and 1/10. Find the new ratio of the remaining partners if C retires. Ram, Mohan and Sohan were partners sharing profits in the ratio of 1/5, 1/3 and 7/15 respectively. Sohan retires and his share was taken by Ram and Mohan in the ratio of 3 : 2