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
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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)
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