Beena and meena sharing profit in the ratio of 3:2 they admit seena for a 1/6th share . calculate the new profit sharing ratio
Answers
Answer:
3:2:1
Explanation:
When details about sacrifice are not given, then the sacrificing ratio is the same as the old ratio and the ratio between the old partners remains the same with respect to each other in the new profit sharing ratio.
In this case the sacrifice is in the ratio 3:2
Beena's sacrifice = 3/5 x 1/6 = 3/30
Meena's share = {5-3}/30 = 2/30 [since 5/30 = 1/6]
New Ratio of Beena = 3/5 - 3/30 = 15/30
New Ratio of Meena = 2/5 - 2/30 = 10/30
New PSR = 15:10:5 = 3:2:1
Explanation:
Solution :
★ Old Ratio :
Beena : Meena = 3:2
- Beena's share = 3/5
- Meena's share = 2/5
They admit Seena for a 1/6th share
Seena's share = 1/6
Let,
Total profit of firm = 1
Seena's share = 1/6
Remaining share =
1 - 1/6 = 5/6
★ New profit sharing ratio :
• Beena's new share =
3/5 × 5/6 = 15/30
• Meena's new share =
2/5 × 5/6 = 10/30
• Seena's share = 1/6
(1 × 5)/(6 × 5) = 5/30
New profit sharing ratio =
- Beena : Meena : Seena
- 15/30 : 10/30 : 5/30
15 : 10 : 5 = 3 : 2 : 1
Therefore, the new profit sharing ratio is 3 : 2 : 1