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X, Y and Z are partners in a firm in the ratio of 1/2 :1/3:1/6

Y retires from business and
X and Z purchase his share of profit in the ratio of 3:2. Find out new ratio ​

1 Answer

10 votes

Answer:

6:2

Explanation:

X share from old ratio is 1/2

Y share from old ratio is 1/3

Z share from old ratio is 1/6

Now, we are told Y retires and that X and Z purchase his shares.

Thus;

Amount X took from Y = 1/2 × 1/3 = 1/6

Amount Z took from Y = 1/6 × 1/3 = 1/18

Thus, new share of X is now; 1/6 + 1/2 = 2/3

New share of Z is now; 1/18 + 1/6 = 4/18 = 2/9

Ratio is now X:Z = 2/3 : 2/9 = 6:2

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