Ade and Ola are partners sharing profits and losses in the ratio of . They admit Musa into the partnership, giving him a share of the future profits. If Ade and Ola share the remaining profits in their original ratio, what is Ade's new share of profits?
- Cevap
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Cevap
Ade's new profit share is .
When a new partner is admitted with a specified share of profits, the total profit of 1 is reduced by the incoming partner's share to determine the remaining profit (). Multiplying Ade's original proportion of by the remaining share of yields .
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Anahtar Kavram
Calculation of new profit sharing ratio upon admission of a new partner