anita and teena are partners sharing profits as 9:5.they agree to admit chetan,their manager into partnership ,who is to get 1/8 share in the profit.he acquires this share as 1/12 from anit and 1/24 from tina.calculate new profit sharing ratio?

Question

anita ​and teen​a are p​artner​s
sh​aring profits ​as 9:5 they ​agree to
​admit chetan,their m​an​ager into partnership
,who is to get 1/8 sh​are in the profit he ​acquires
this sh​are ​as 1/12 from anit and 1/24 from tina
calculate new profit sharing ratio?

Neha Chopra · Accepted Answer

Calculation of New Profit Sharing Ratio :

Old ratio of Anita and Teena = 914and514
Chetan is admitted for 18 share of profits which he will get as 112
from anita and 124 from teena
Therefore , Anita's share after sacrificing 112 share to chetan = 914-112=4784 ,
Teena's share =514-124=53168
New profit sharing ratio
of anita , teena and chetan =
94168(4784×22) , 53168 , 21168(18×2121)
or 94:53:21

Regards

anita ​and teen​a are p​artner​s sh​aring profits ​as 9:5.they ​agree to ​admit chetan,their m​an​ager into partnership ,who is to get 1/8 sh​are in the profit.he ​acquires this sh​are ​as 1/12 from anit and 1/24 from tina.calculate new profit sharing ratio?

anita and teena are partners sharing profits as 9:5.they agree to admit chetan,their manager into partnership ,who is to get 1/8 share in the profit.he acquires this share as 1/12 from anit and 1/24 from tina.calculate new profit sharing ratio?