A, B, C Were Partners in a Firm Sharing Profits in 3:2:1 Ratio. They Admitted D for 10% Profits. Calculate the New Profit Sharing Ratio? - Bzziii.com

A, B, C Were Partners in a Firm Sharing Profits in 3:2:1 Ratio. They Admitted D for 10% Profits. Calculate the New Profit Sharing Ratio?



A, B, C Were Partners in a Firm Profits Sharing Ratio = 3:2:1

Partner D’s share = `1/100`

Let new firm profit = 1

Remaining share of A ,B and c’s after D’s admission = 1 – D’s share of profit

= 1 – `1/100`

= `90/100`

New ratio = Old ratio `\times` Remaining share of A ,b and c after d’s admission

A = `3/6` `\times` `90/100`

= `27/60`

B = `2/6` `\times` `90/100`

= `18/60`

C = `1/6` `\times` `90/100`

= `9/60`

A:B:C:D = 27 : 18 : 9 : 6

= 9:6:3:2

Chapter-3 Reconstitution of Partnership Firm

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