Accountancy, asked by vaishaliramtekr, 6 months ago

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Answered by Saivenkatkumar
1

Answer:

New profit sharing ratio for Anil, Vishal and Sumit is  =   12 : 8 : 5

Explanation:

Anil - 3/5

Vishal - 2/5

let future profit = 1

=  1 - 1/5 =  4/5

Anil's Share = 3/5 x 4/5 = 12/25

Vishal's Share = 2/5 x 4/5 = 8/25

Summit's Share = 1/5 = 5/25

for Summits share I am multiplying it with 5 both in numerator and Denominator to bring it to 25 as its 25 in the denominator for the remaining partners.

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