x y and z are partners in the ratio 5:3:2 z acquires 1/5th of share from x. x acquires 1/20th share from y find out the new profit sharing ratio
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Answer:
Z share = 2/10 +1/5 = 2+2/10=4/10*2=8/20
X share = 5/10+1/20=10+1/20=11/20-1/5=11-4/20=7/20
Y share =3/10-1/20=6-1/20=5/20
New ratio among x,y,z will be: 7:5:8
Explanation:
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