P Q and R have been sharing profits in the ratio of 8 5 3 P retires Q takes 3 16th share from P and ...........

P, Q and R have been sharing profits in the ratio of 8 : 5 : 3. P retires. Q takes 3/16th share from P and R takes 5/16th share from P. New profit sharing ratio will be :

1 : 1

10 : 6

9 : 7

5 : 3

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Explanation:

- Before retirement, the profit-sharing ratio of P, Q, and R was 8:5:3.

- This means P's share is 8/16, Q's is 5/16, and R's is 3/16.

- P retires, and Q takes 3/16th from P's share, so Q's new share becomes 5/16 + 3/16 = 8/16.

- R takes 5/16th from P's share, so R's new share becomes 3/16 + 5/16 = 8/16.

- Thus, the new profit-sharing ratio of Q and R is 8:8 or simplified to 1:1.

- Option 1: 1:1 is the correct answer.

- Option 2: 10:6, Option 3: 9:7, Option 4: 5:3 do not match the new simplified ratio.

By: santosh

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P Q and R have been sharing profits in the ratio of 8 5 3 P retires Q takes 3 16th share from P and ...........

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