Saved Bookmarks
| 1. |
A,B,C are partners in sharing profit at ratio 2:2:1,B retires and his share is taken by C calculate new profit sharing ratio of A and C |
|
Answer» Answer: The ratio of A's share to C's share is 2 : 3 Explanation: GIVEN : A,B,C are partners in SHARING profit at ratio 2 : 2 : 1 B retires and his share is taken by C To FIND : New profit sharing ratio of A and C Solution : • A : B : C = 2 : 2 : 1 ★ Old ratio = A : B : C = 2 : 2 : 1 ⇒ ⇒ ⇒ ★ After B retires : B retires and his share is taken by C ★ New ratio = old ratio + share from B to C ⇒ ⇒ ★ Ratio = ⇒ A : C = 2 : 3 Therefore, The ratio of A's share to C's share is 2 : 3 |
|