X, y and z are partners in 5:3:2 ratio. they admitted A for 1/5 share. y will retain his old share. find out New Ratio.
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Answered by
31
Answer:
ANSWER
X's old ratio= 5/10
Y's old ratio= 3/10
Z's old ratio= 2/10
A is admitted for 1/5th share in the profits.
Hence, remaining share= 1-[1/5]
= 4/5
New Profit sharing ratio:
X's new share= 5/10 * 4/5
= 2/5
Y's new share= 3/10 * 4/5
= 6/25
Z's new share= 2/10 * 4/5
= 4/25
A's new share= 1/5
New profit ratio= 10:6:4:5 ,hope it will help you ok
Answered by
50
Given:-
- A's share=
- Remaining portion=
=
=
=
=
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