Question

X and Y are sharing profits and losses in the ratio of 3 : 2. They admit Z as a partner and give him 2/10th share in the profits. The new profit-sharing ratio will be ​

Answer 1

Answer:

Given that, Old ratio of partners X and Y is 3 : 2. Z is admitted for 1/6th share of profit. Thus, New ratio of partners = 15/30 : 10/30 : 5/30 or 3 : 2 : 1.