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Question

Bharati and Astha were partners sharing profits in the ratio of 3:2. they admitted Dinkar as a new partners for 1/5th share in the future profits of the firm which he got equally from Bharati and Astha.
Calculate the new profit-sharing ratio of Bharati, Astha and Dinkar.

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Solution

Bharati's old share= 3/5
Astha's old share= 2/5

Dinkar is admitted for 1/5th share

Bharati's new share= 3/5- 1/10
= 1/2
Astha's new share= 2/5- 1/10
= 3/10

New Profit sharing ratio of the firm= 5:3:2

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