Question

P,Q and R are partners sharing profits equally. they decide in future R will get 1/5th share in profit. calculate new profit sharing ratio​

Answer 1

Answer:

p = 1/2

Q = 1/2

R = 1/2 + 1/5 = take lcm for 2 and 5 = 10

so. 5 + 2 = 7 /10

so ,. 1/2 , 1/2 , 7 /10

take lcm of 2 ,2 ,10 = 10

new ratio = 5 ,5 7