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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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