1.

P&Q sharing profit in the ratio of 2:1,admit R who purchase ⅓rd share from P. Compute the new profit sharing ratio

Answer»

Old RATIO of P and Q =2:1
R joins with 1/3rd SHARE of profit.
So,the REMAINING share = 1-1/3 =2/3

Therefore, P's new share =
\frac{2}{3}  \times  \frac{2}{3}  =  \frac{4}{9}
Q's new share =
\frac{1}{3}  \times  \frac{2}{3 }  =  \frac{2}{9}
R's new share=
\frac{2}{3}  \times  \frac{3}{3}  =  \frac{6}{9}

So the new profit sharing ratio= 4:2:6



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