chaya and maya are partners in a form sharing profits and losses in the ratio 3:2. They admit shreya as a new partner. chaya agrees to surrender 1/4th of her share and maya agrees to surrender 1/3rd of her share in favour of shreya. Calculate new profit sharing ratio of chaya,maya and shreya
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Explanation:
see In this ques we are supposed to find the amount of surrendered share that is 3/20 and 2/15 resp.
then new ratio ie old ratio -sacrificing ratio
ie 9/20 ,4/15,17/60 resp
now what we have to do is make.... denominator same so multiplying chaya's new ratio with 3 we will get27/60
Maya's new ratio 4×4/15×4= 16/60
shreya's new ratio 17/60
new ratio 27:16:17
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