(C). P. Q and R were partners in a firm sharing profits in the ratio of 3:21
They admitted S as a new partner for 1/8th share in the profits which he acquired
1/16th from P and 1/16th from Q. Calculate new profit sharing ratio of P, Q, R and S
(C.B.S.E. 2016. Compit,
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Given : P , Q and R were partners in a firm sharing profits in the ratio of 3:2:1 . They admitted S as a new partner for share in the profits which he acquired from both P & Q .
Exigency to find : The new profit sharing ratio of P, Q, R and S .
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Given that ,
⠀⠀⠀⠀⠀P , Q and R were partners in a firm sharing profits in the ratio of 3:2:1 .
⠀⠀Or ,
⠀⠀⠀⠀⠀P , Q and R were partners in a firm sharing profits in the ratio of
⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀━━━The new Partner S's Profit share is [ Acquired share each from both P & Q . ]
⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀R's Profit Share =
⠀⠀⠀⠀⠀P's new Profit Share =
⠀⠀⠀⠀⠀Q's new Profit Share =
⠀⠀⠀⠀⠀S's Profit Share =
Therefore,
- The New Profit Share Ratio of P , Q , R & S is
⠀⠀⠀⠀⠀Or ,
- The New Profit Share Ratio of P , Q , R & S is 21 : 13 : 8 : 6
Therefore,
⠀⠀⠀⠀⠀
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