Question

ram and sham sharing profit in the ratio of5:3 they admit monu as a new partner with 1/5 share in future profit which he gets 3/20 from ram and 1/20 from sham calculate new profit sharing ratio​

Answer 1

Answer:

New profit sharing ratio :

Ram : Sham : Monu = 19 : 13 : 8

Explanation:

Old Ratio :

Ram : Sham = 5 : 3

• Ram's Share = 5/8
• Sham's Share = 3/8

They admit Monu as a new partner.

• Monu acquired share from Ram = 3/20

• Monu acquired share from Sham = 1/20

★ New profit sharing ratio :

• Ram's New Share =

$\longrightarrow$ 5/8 - 3/20 = (25 - 6)/40

$\longrightarrow$ 19/40

• Sham's New Share =

$\longrightarrow$ 3/8 - 1/20 = (15 - 2)/40

$\longrightarrow$ 13/40

• Monu's Share =

$\longrightarrow$ 1/5 = (1 × 8)/(5 × 8)

$\longrightarrow$ 8/40

New profit sharing ratio :

• Ram : Sham : Monu

• 19/40 : 13/40 : 8/40

$\longrightarrow$ 19 : 13 : 8

Therefore, New profit sharing ratio :

Ram : Sham : Monu = 19 : 13 : 8

Answer 2

Given :-

Ram and sham sharing profit in the ratio of5:3 they admit monu as a new partner with 1/5 share in future profit which he gets 3/20 from ram and 1/20 from sham

To Find :-

Profit sharing ratio

Solution :-

New Share of Ram = Old share - Share taken of Ram

New Share = 5/8 - 3/20

New Share = 5(5) - 3(2)/40

New Share = 25 - 6/40

New Share = 19/40

New Share of Sham = Old share - Share taken of Sham

New Share = 3/8 - 1/20

New Share = 3(5) - 1(2)/40

New Share = 15 - 2/40

New Share = 13/40

Now

New Share of Monu = 1 - (New Share of Ram + Sham)

New Share of Monu = 1 - (19/40 + 13/40)

New Share of Monu = 1 - 32/40

New Share of Monu = 40 - 32/40

New Share of Monu = 8/40

Ration = 19/40 : 13/40 : 8/40