Practicing Success
x,y are z are partners and share profits in the ratio of 5 : 3 : 2. y retires and x takes 1/10 from y and z takes 1/5 from y. The new profit sharing ratio will be: |
07:13 13:07 01:02 03:02 |
03:02 |
New Share of x= 5/10+1/10=6/10 New Share of z= 2/10+1/5=4/10 NPR=6:4=3:2 |