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

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Answer 2

"Since R denotes 1/5th of his share from P, that meant he denotes 4/5th (i.e., 1 - 1/5) of his shares from Q.

If it denotes $\frac { 4 }{ 5 }$ share = $\frac { 4 }{ 25 }$ (Received from Q)

1 share = $\frac { 4 }{ 25 } \quad \times \quad \frac { 5 }{ 4 } \quad =\quad \frac { 1 }{ 5 }$

Share denotes or acquired by R:  

From $P\quad =\quad \frac { 1 }{ 5 } \quad \times \quad \frac { 1 }{ 5 } \quad =\quad \frac { 1 }{ 25 }$

From $Q\quad =\quad \frac { 4 }{ 25 }$"