Ade Tony Rose share profit and losses in the ra... - JAMB Accounting 2018 Question
Ade, Tony, Rose share profit and losses in the ratio of 3 : 2 : 1 respectively. Ade retires and the remaining partners decide to take Ade’s share in the existing ratio. What is the new ratio?
A
1 : 1
B
3 : 6
C
2 : 1
D
2 : 6
correct option: c
Ratio between Tony and Rose: 2/6 and 1/6
Ade’s ratio: 3/6
Ade’s share to be taken by Tony and Rose in the ratio 2 : 1
Tony gets: 3/6 x 2/6
= 6/18
Rose gets: 3/6 x 1/3
= 3/18
New ratio between Tony & Rose = 6 : 3
= 2 : 1
Ans. 2 : 1Please share this, thanks:
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