P, Q and R have been sharing profits in the ratio of `8:5:3.` P retires. Q takes `3//16`th share from P and R takes `5//16`th share from P. New profit sharing ratio will be :
Answers
Explanation:
New ratio is 7:8
Old ratio is 4:5:3
find gaining ratio is?
partner P gaining ratio=new ratio-old ratio
=7/15-4/12
=84/180-28/180=56/180
partner R gaining ratio =new ratio-old ratio
=8/15-3/12
=96/180-45/180
=51/180
gain ratio is 56/180:51/180
partner P gaining ratio=new ratio- old ratio
=7/15-4/12
=84/180-28/180=56/180
partner Q gaining ratio=new ratio-old what
=8/15-5/12
=96/180-75/180=21/180
gain ratio =56//180:21/180=
=8:3