Question

X, y and z are partners sharing profits and losses in the ratio of 4 3 :3 as per new agreement acquired 1 /10th equally from X and y due change sharing ratio Ys share to in profit new share will be A. 7/20 B. 8/20 C. 5/20 D. 6/20

Answer 1

Answer:

see below

Explanation:

Gaining ratio or sacrificing ration will be calculated as:

Gaining/Sacrificing Ratio = New Ratio - Old Ratio

Therefore:                    

For X =  1/3 - 5/10

         =   10 - 15

               30

        = - 5/30 Sacrificing Ratio

For Y =  1/3 - 3/10

         =  10 - 9

               30

        = 1/30  Gaining Ratio

For Z =  1/3 - 2/10

         =   10- 6

               30

        = 4/30  Gaining Ratio