Ownclasses

X, Y and Z are partners sharing profits in the ratio of 1/2, 2/5, 1/10. Find the new ratio of remaining partners if Z retires.

Answer

Old profit sharing ratio =1/2, 2/5, 1/10 =5:4:1 (by taking 10 as LCM)
As Z retires, the new profit sharing ratio will be 5: 4.