Practicing Success
A, B and C are partners sharing profits in ratio of 3 : 2 : 1. They agree to admit D into the firm. A. B and C agreed to give 1/3rd, 1/6th, 1/9th share of their profit. The share of profit of D will be |
1/10 11/54 2/9 13/54 |
13/54 |
A's sacrifice = 3/6 x 1/3 = 3/18 or 3/18 x 3/3 = 9/54 B,s sacrifice = 2/6 x 1/6 = 2/36 or 1/18 0r 1/18 x 3/3 = 3/54 C's sacrifice = 1/6 x 1/9 = 1/54 So D,s share of profit = 9/54 + 3/54 + 1/54 = 13/54. |