Admission Of A Partner

Step 1: Understand the allocation.
Z’s share is fixed at

1%2F4

. Unless stated otherwise, the remaining

3%2F4

is shared by old partners in their old ratio

2%3A1

.
Step 2: Compute each partner’s new share.
Remaining share

%3D%201%20-%20%5Cfrac%7B1%7D%7B4%7D%20%3D%20%5Cfrac%7B3%7D%7B4%7D

X%20%3D%20%5Cfrac%7B3%7D%7B4%7D%5Ctimes%20%5Cfrac%7B2%7D%7B3%7D%3D%5Cfrac%7B1%7D%7B2%7D%2C%5Cquad%0AY%20%3D%20%5Cfrac%7B3%7D%7B4%7D%5Ctimes%20%5Cfrac%7B1%7D%7B3%7D%3D%5Cfrac%7B1%7D%7B4%7D%2C%5Cquad%0AZ%20%3D%20%5Cfrac%7B1%7D%7B4%7D.

Step 3: Convert to simple ratio.

%5Cfrac%7B1%7D%7B2%7D%3A%5Cfrac%7B1%7D%7B4%7D%3A%5Cfrac%7B1%7D%7B4%7D%20%3D%202%3A1%3A1

.
Final Answer:

%5Cboxed%7BX%3AY%3AZ%20%3D%202%3A1%3A1%7D

% Quciktip

Chapter Questions
1 MCQs