Sita, Geeta and Meeta were partners in a firm sharing profits in the ratio of $7 : 6 : 7$ . Geeta retired and her share was divided equally between Sita and Meeta.
Calculate the new profit-sharing ratio of Sita and Meeta.

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Solution

Geeta’s share of profit = 6/20, to be taken by A and B equally.

Sita gains = 6/20 X 1/2 = 6/40

Meeta gains = 6/20 X 1/2 = 6/40

New share of Sita = 7/20 + 6/40 = 14/40 + 6/40 = 20/40 = 1/2

New share of Meeta = 7/20 + 6/40 = 14/40 + 6/40 = 20/40 = 1/2

New profit ratio (Sita and Meeta) = 20 : 20 or 1 : 1

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Sita, Geeta and Meeta were partners in a firm sharing profits in the ratio of 7:6:7. Geeta retired and her share was divided equally between Sita and Meeta.Calculate the new profit-sharing ratio of Sita and Meeta.

Sita, Geeta and Meeta were partners in a firm sharing profits in the ratio of $7 : 6 : 7$ . Geeta retired and her share was divided equally between Sita and Meeta.
Calculate the new profit-sharing ratio of Sita and Meeta.