Question

P. q & R partners sharing profits in the ratio of 3:2:1 q retireus and is share is aquated by P&R in the ratio of 3:2 calculated new profit sharing ratio

Answer 1

Answer:

The new Profit sharing ratio after P's retirement = 33:17

Explanation:

Old ratio  =  3:2:1

Gaining ratio = 3:2

New share = Old Ratio + Gaining Ratio

P's new Ratio = 3/6 + 3/5 = 15/30 + 18/30 = 33/30

Q's new Ratio = 1/6 + 2/5 = 5/30 + 12/30 = 17/30

New Ratio = 33:17