Ram and shyam are partners in a firm in ratio of 3:2 they admit govind for 1/5 share in the future profits. find out the new ratio of Ram Shyam and govind
Answers
Answer:
12:8:5
Explanation:
Govind's share = 1/5
Remaining share =4/5
remaining share to be divided among existing partners
in their profit sharing ratio.
Ram's share =4/5×3/5 =12/25
Shyam's share =4/5×2/5 =8/25
Govind's share =1/5=5/25
Profit sharing ratio = 12/25:8/25:5/25 = 12:8:5
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Answer:
New Profit Sharing Ratio =
Ram : Shyam : Govind = 12 : 8 : 5
Explanation:
★ Old Ratio :
Ram : Shyam = 3 : 2
- Ram's Share = 3/5
- Shyam's Share = 2/5
They admit Govind for 1/5th Share in the future profits.
Let,
Total Share of Profit = 1
So,
- Govind's Share = 1/5
Remaining Share =
1 - 1/5 = 4/5
★ New Profit Sharing Ratio :
• Ram's New Share =
⇒ 3/5 × 4/5 = 12/25
• Shyam's New Share =
⇒ 2/5 × 4/5 = 8/25
• Govind's Share =
⇒ 1/5 = 5/25
New Profit Sharing Ratio =
- Ram : Shyam : Govind
- 12/25 : 8/25 : 5/25
⇒ 12 : 8 : 5
∴ New Profit Sharing Ratio =
Ram : Shyam : Govind = 12 : 8 : 5