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CBSE Class 12-commerce Answered

R and S share profits in the ratio of 3:2 they admitted T as partner for 1/8 share which will be borne by R and S equally. Find out the new profit sharing ratio 
Asked by ritikasharma14201420 | 09 Jan, 2020, 05:10: PM
answered-by-expert Expert Answer
Old space Ratio space between space straight R space and space straight S space is space 3 colon 2. straight T space is space admitted space for space 1 over 8 to the power of t h end exponent space share space in space profits space which space is space equally space borne space by space straight R space and space straight S Sacrifice space by space straight R space will space be space half space of space 1 over 8 to the power of t h end exponent space and space by space straight S space will space also space be space half space of space 1 over 8 to the power of t h end exponent Therefore comma space bold New bold space bold Profit bold space bold Sharing bold space bold Ratio bold space bold for bold space bold Old bold space bold Partners bold space bold R bold space bold and bold space bold S bold space bold equals bold space bold Old bold space bold Share bold space bold minus bold space bold Sacrifice straight R space equals space 3 over 5 minus space open square brackets 1 half cross times 1 over 8 close square brackets space space space space equals 3 over 5 minus 1 over 16 equals 43 over 80 straight S space equals space 2 over 5 minus open square brackets 1 half cross times 1 over 8 close square brackets space space space equals space 2 over 5 minus 1 over 16 equals 27 over 80 straight T apostrophe straight s space share space equals space 1 over 8 cross times 10 over 10 equals 10 over 80 Therefore comma space New space Profit space Sharing space Ratio space between space straight R comma space straight S space and space straight T space will space be space 43 colon 27 colon 10
Answered by Surabhi Gawade | 10 Jan, 2020, 09:53: AM

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