Question

Ajay, Vijay and Saurav were partners sharing profits in the ratio of `1/2, 2/5 and 1/10`. Find the new profit-sharing ratio of the remaining partners if Saurav dies.

Answer 1

Ajay’s share = `1/2 = (1 xx 5)/(2 xx 5)`

= `5/10`

Vijay’s share = `2/5 = (2 xx 2)/(5 xx 2)`

= `4/10`

Saurav’s share = `1/10 = (1 xx 1)/(10 xx 1)`

= `1/10`

So, the original profit-sharing ratio among Ajay, Vijay, and Saurav is 5 : 4 : 1