Question

R and t are partner's in a firm sharing profits in the ratio of 3:2 .s joins the firm .R surrender 1/4th of his share and t1/5th of his share in favour of s .find new profits sharing ratio

Answer 1

Answer:

R's sacrifice = 3/5×1/4 = 3/20

T's sacrifice = 2/5×1/5 = 2/25

R's share = 3/5 - 3/20 = 9/20

T's share = 2/5 - 2/25 = 8/25

S's share = 3/20+2/25 = 23/100

new ratio = 9/20 : 8/25 : 23/100

45:32:23

new ratio = 45:32:23