Question

p and q are partners sharing profits and losses in 2:1.R is admitted.R gets1/4th share in the firm which he acquires 3/20from p and from q.Calculate new profit sharing ratio of partners.​

Answer 1

Answer:

31:14:15

Explanation:

P Q R

2/3:1/3 1/4

R's share from P= 3/20

remaining share to be taken from Q= 2/20

new share

P = 2/3-3/20= 31/60

Q= 1/3-2/20= 14/60

R= 1/4×15/15= 15/60