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.
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Answer:
1/2 +2/3=1231425.
Explanation:
anshika ne bhabhi
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New ratio of remaining partners is calculated below.
Explanation:
The ratio given for the partners A, B and C are ½, 2/5 and 1/10.
Or we can even write this as 5:4:1.
As there is no information given on the A and B obtaining C’s profit share in case he retires, we calculate the new ratio of profit share between A and B by eliminating C’s share.
Calculation of New Profit Ratio:
A’s share will be
B’s share will be
So, new ratio of A and B = 5 : 4
Thus, the new ratio of the remaining partners if C retires will be 5 : 4
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