Question

P And Q are partners sharing profits in the ratio of 3:2 . They admit R a new partner who acquire 1/5 of his share from P and 4/25 from Q . Calculate new profit sharing ratio

Answer 1

Answer:

New Profit Sharing Ratio is 10:6:9

Explanation:

P= 3/5 - 1/5 = 3-1/5 = 2/5×5/5 = 10/25

Q = 2/5 - 4/25 = 10-4/25 = 6/25

R = 1/5 + 4/25 = 5+4/25 = 9/25

Answer 2

Answer:

since, R acquired 1/5 th of his share from P it means he acquired 4/5th (example 1 - 1 / 5) of his share from Q.

if 4/5 of R share =4 /25 (received from Q)

R's share is =4/25×5/4=1/5

share acquired by R from P =1/5×1/5=1/25;(from q=4/25)

Explanation:

P= 3/5-1/25= 15-1/25= 14/25

Q= 2/5-4/25= 10-4/25= 6/25

R= 1/25+4/25= 5/25

New ratio = 14:6:5

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