Question

Rahul, Robin and Rajesh are partners sharing profits in the ratio of 3 : 2 : 1. Calculate the new profit sharing ratio of the remaining partners if (i) Rahul retires; (ii) Robin retires; (iii) Rajesh retires.​

Answer 1

Answer:

Rahul new share =1/3+5/24 = 8+5/24 = 13/24

Robin new share= 1/3+3/24 = 11/24

New ratio=13:11

Rajesh share(⅓) acquired by rahul and Robin equally

Rahul gets= 1/3×1/2 =1/6(gain)

Robin gets=1/3×1/2=1/6(gain)

Rahul new share=1/3+1/6 =2+1/6 =3/6

Robin new share = 1/3 + 1/6 =2+1/6 =3/6

New ratio= 3:3 or 1:1