ameen,naveen and praveen are partners sharing profits and losses in the ratio of 5:3:2 naveen retires from the business his - Accountancy - Partnership Accounts- Retirement and Death of a Partner

Question

ameen,naveen and praveen are partners sharing profits and losses in
the ratio of 5:3:2 naveen retires from the business his share is
gained by ameen and praveen in the ratio of 2:1 calculate new
profit sharing ratio of ameen and praveen

Aaditya · Answer

Old ratio=5:3:2
Gaining ratio=2:1
New ratio=Old ratio+Gaining ratio
Aman=5/10+2/3
=15+20/30
=35/30
Praveen=2/10+1/3
=6+10/30
=16/30
New ratio =35:16

ameen,naveen and praveen are partners sharing profits and losses in the ratio of 5:3:2.naveen retires from the business.his share is gained by ameen and praveen in the ratio of 2:1.calculate new profit sharing ratio of ameen and praveen.