old ratio of A:B:C = 11:7:2
D is admitted as a partner for 1/5th profit-loss share
FIND THE NEW RATIO
Answers
Answer:
44:28:8:20
Explanation
let total profit=1
share given to D=1/5
remaining share=1-1/5=4/5
now, old partners will share the remaing profit in their old profit sharing ratio
A's share = 11/20*4/5
=44/100
B's share = 7/20*4/5
28/100
C's share=2/20*4/5
=8/100
D's share=1/5*20/20=20/100
so,new profit sharing ratio is
A:B:C:D
=44:28:8:20=
Answer:
New Ratio =: 11 : 7 : 2 : 5
Explanation:
A, B, C are partners and their ratio = 11 : 7 : 2
D admitted by giving 1/5 share
so multiply by 5, the Ratio A: B : C = 55 : 35: 10
A giving shares to D= 55 × 1/5 = 11
so A hold = 55 - 11 = 44
B giving shares to D = 35 × 1/5 = 7
so B hold = 35 - 7 = 28
C gives shares To D= 10 ×"1/5 = 2
so C hold = 10 - 2 = 8
Totally D hold = 11 + 7 +2 = 20
New Ratio between A, B, C and D= 44 : 28 : 8 : 20
A: B: C: D = 11 : 7 ; 2 : 5