Question

A,B and C are partners sharing profits in the ratio of 4:3:1 A . Retires and his share is raken over by B and C equally . Calculate the new ratio .

Answer 1

Answer:

B:C = 5:3

Explanation:

A:B:C =>4:3:1

A retires and his share 4/8 is taken over by B and C equally, that is,

B=4/8×1/2=4/16 or 1/4

C=4/8×1/2=4/16 or 1/4

So, new PSR of B and C ➡

B= 3/8+1/4 = 3+2/8 = 5/8

C= 1/8+1/4 = 1+2/8 = 3/8

B:C = 5:3

hope it helps..