Question

Diya, Riya and Tiya were partners sharing profits and losses in the ratio
of 2 : 3 : 5. Tiya died on 28th November, 2019. Her share of profit was
taken equally by Diya and Riya. Diya's share of profit in the new firm
will be​

Answer 1

Answer:

4:6

Explanation:

as tiya has share of 5 and total of there share is 10

in order to maintain the ratio its 4:6

Answer 2

The New profit sharing ratio of the firm is 9:11. Which means Diya's share of profit will amount to 9/20.

Explanation:

• Lets assume Diya, Riya, Tiya are D,R and T respectively.

The old profit sharing ratio is 2:3:5, and if D and R are sharing T's share equally:

T's share = 5/10 which is divided in the ratio of 1:1

• Gaining ratio = Deceased partner's share * New gain of each partner

The gaining ratios of D and R are equal because they share T's share equally.

Therefore,

• D = 5/10 * 1/2 = 5/20 = 1/4

• R = 5/10 * 1/2 = 5/20 = 1/4

New Profit sharing ratio:

• New profit sharing ratio = Existing partner's share + Gaining Ratio

Therefore.

• D = 1/4 + 2/10 = 10+8/40 = 18/40 = 9/20

• R = 1/4 + 3/10 = 10+12/40 = 22/40 = 11/20

This is the answer for this question.

To know more:

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