If A and B are sharing profits in the ratio of 3:2, admit C to ⅓rd share in the future profits, the profit sharing ratio will be
A B C
a, ⅖ ⁴/15 ⅓
b, ⅗ ⅖ ²/15
c, ⁴/15 ³/15 ²/15
d, none of these
Answers
Explanation:
old ratio :
A: B = 3:2
or
A= 3/5
B= 2/5
admit C to ⅓rd share in the future profits
C = 1/3
suppose,
total profit = 1
1 - 1/3 = 2/3
Remaining share = 2/3
New profit sharing ratio =
A's new share = 2/3 × 3/5 = 6/15 (2/5)
B's new share = 2/3 × 2/5 = 4/15 (4/15)
C's share = 1\3 = 5/15 (1/3)
6/15 : 4/15 : 5/15 =
(2/5) : (4/15) : (1/3)
Hence , option (a), ⅖ ⁴/15 ⅓
the profit sharing ratio will be
A: B :C = ⅖ ⁴/15 ⅓ (6 : 4: 5)
Answer:
The profit sharing ratio will be A, B and C = ⅖ : ⁴/15 : ⅓ (6 : 4 : 5)
Explanation:
★ Old Ratio :
A : B = 3 : 2
- A's Share = 3/5
- B's Share = 2/5
They admit C to ⅓rd share in the future profit.
- C's Share = 1/3
Let,
Total Profit of all Partners = 1
- C's Share = 1/3
Remaining Share =
1 - 1/3 = 2/3
★ New profit sharing ratio :
• A's new share =
⇒ 3/5 × 2/3 = 6/15
⇒ 6/15 = 2/5 (Given in option)
• B's new share =
⇒ 2/5 × 2/3 = 4/15
⇒ 4/15 = 4/15
• C's Share =
⇒ 1/3 × 5/5 = 5/15
⇒ 5/15 = 1/3 (Given in option)
New profit sharing ratio =
- A : B : C
- 6/15 : 4/15 : 5/15
- 2/5 : 4/15 : 5/15
Therefore, Option : (a) ⅖ ⁴/15 ⅓
The profit sharing ratio will be A, B and C = ⅖ : ⁴/15 : ⅓ (6 : 4 : 5)