SOLUTION: I would like to know on how to solve the below question. A and B are partners sharing profit in the ratio 2:1. They admitted C into the partnership with 25% share.Calculate the

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Question 819357: I would like to know on how to solve the below question.
A and B are partners sharing profit in the ratio 2:1. They admitted C into the partnership with 25% share.Calculate the new profit sharing ratio.
Can you please explain me on how to solve this question.
Regards
Mathew
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 

Hi,



A and B are partners sharing profit in the ratio 2:1. A 662⁄3%    & B 331⁄3%   

They admitted C into the partnership with 25% share. (75% remaining)

 2x + x = .75

    3x = .75

     x = .25  and 2x  = .50

 A 50%

 B 25%

 C 25% 

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