Ravi and Mukesh are sharing profits in the ratio of 7 : 3. They admit Ashok for 3/7th share in the firm which he takes 2/7th from Ravi and 1/7th from Mukesh. Calculate new profit-sharing ratio.

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Solution

Ashok admits for share of profit

Ravi sacrifices in favour of Ashok =

Mukesh sacrifices in favour of Ashok =

New Ratio = Old Ratio − Sacrificing Ratio

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Similar questions

Q. Ravi and Mukesh are sharing profits in the ratio

7 : 3

. They admit Ashok for

3 / 7^{t h}

share in the firm which he takes

2 / 7^{t h}

from Ravi and

1 / 7^{t h}

from Mukesh.

(a) A and B are partner sharing profits in the ratio of 7 : 3. C was admitted with $\frac{3}{7} t h$ share in the profit which he took $\frac{2}{7} t h$ from A and $\frac{1}{7} t h$ from B. Calculate new ratio of partners.

(b)Ram and Shyam are partners in a firm sharing profits in the ratio of 7 : 5. Mohan is admitted on $\frac{1}{6} t h$ share which he takes $\frac{1}{24} t h$ from Ram and $\frac{1}{8} t h$ from Shyam. Calculate the new profit sharing ratio of the partners.

Q. A and B are partners sharing profits in the ratio of

3 : 2

. They admit C who takes

2 / 7

th from A and

1 / 7

th from B. The new profit sharing ratio will be _______.

A and B were partners in a firm sharing profits in 3:2 ratio. They admitted C for 3/7 share which he took 2/7 from A and 1/7 from B. Calculate new profit sharing ratio?

A and B were partners in a firm sharing profits in 3 : 2 ratio. They admitted C for $\frac{3}{7}$ share which he took $\frac{2}{7}$ from A and $\frac{1}{7}$ from B. Calculate new profit sharing ratio.

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Ravi and Mukesh are sharing profits in the ratio of 7 : 3. They admit Ashok for 3/7th share in the firm which he takes 2/7th from Ravi and 1/7th from Mukesh. Calculate new profit-sharing ratio.

Ashok admits for share of profit Ravi sacrifices in favour of Ashok = Mukesh sacrifices in favour of Ashok = New Ratio = Old Ratio − Sacrificing Ratio

Ashok admits for share of profit

Ravi sacrifices in favour of Ashok =

Mukesh sacrifices in favour of Ashok =

New Ratio = Old Ratio − Sacrificing Ratio