Question

Ankit and Basant are partners in a firm sharing profits and losses in the ratio of 3:2. Govind is
admitted in the firm for 1/5th share in profit. Govind gets it from Ankit and Basant in the ratio
of 2 : 3. Calculate the new profit and loss sharing ratio of the partners.

Answer 1

Explanation:

ankit and basant are partners

with3.2 ratio

govind admitted for 1/5th share . he will take this from old partner in 2.3 ratio

it meant 2/5of 1/5 from ankit=2/25

and 3/5 of 1/5 from basant=3/25

now the new share will

ankit= 3/5-2/25. =13/25

basant=2/5-3/25 =7/25

govind =,1/5

13/25. 7/25. 1/5. =13.7.5 new ratio