P&Q are partners sharing in the ratio of 2:3. They admit R for 1/4th share all
this share equally from P&Q.Calculate new ratio.
New Profit sharing Ratio is 11:19:15)
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Answer:
P sacrifice = 1/4×1/2=1/8
Q sacrifice = 1/4×1/2= 1/8
P new share =2/5-1/8= 16-5/40=11/40
Q new share = 3/5-1/8= 24-5/40=19/40
R share = 1/4
New ratio
11/40:19/40: 1/4=11:19:10
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