X,y and z are partners who shares profits in the ratio of 5:4:1 x retires and his share is taken up by y and z equally . Find the new profit sharing ratio and gaining ratio?
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13:7
Taking common factor (a)
X's share = 5a
Y's share = 4a
Z's share = a
After x retires,
Y's share = 4a + 5a/2
= 13a/2
Z's share = a + 5a/2
= 7a/2
=>Y:Z = 13:7(Ans)
Hope you get it ^_^
Taking common factor (a)
X's share = 5a
Y's share = 4a
Z's share = a
After x retires,
Y's share = 4a + 5a/2
= 13a/2
Z's share = a + 5a/2
= 7a/2
=>Y:Z = 13:7(Ans)
Hope you get it ^_^
kapoorenterprises10:
Is it correct?
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