Question

X, Y and Z are partners in the ratio of 3:5:1 respectively. Y retires. His share is purvhased by Z. find the new profit sharing ratio
(a) 1:2
(b) 1:3
(c) 1:4
(d) none​

Answer 1

Answer:

a) 1:2

Explanation:

let total share be 90

3a+5a+1a=90

a=10

X=30

Y=50

Z=10

when Y retire Z purchase its share then

Z=10+50=60

X:Z=30:60

=1:2

Answer 2

Answer:

a)1:2

Explanation:

I hope it helps you