Question

calculate new profit sharing ratio
pls do it ,fast it's urgent

Answer 1

Lal Pal Baal.. Profit sharing ratio 4:3:3or 4/10,3/10,3/10

Given that kaal is admitted with 1/12 share in the profits which he acquires from Lal and Bal

Lal contribution(sacrifice) = 1/2 × 1/12 = 1/24

Bal contribution(sacrifice)= 1/2 × 1/12 = 1/24

New share of Lal = old share - sacrifice
= 4/10 - 1/24
=12(4) - 5 / 120 = 43/120

New share of Bal = 3/10 - 1/24
= 12(3) - 5 /120
=31/120

Share of pal = 2/10 = 36/120
[multiply denominator and numerator with same number inorder to attain denominator of 120]

Share of Kaal = 1/12 = 10/120

The new profit sharing ratio= 43:36:31:10