Practicing Success
A, B and C are partners sharing profits in the ratio of 3:2:1. They admit D for 1/6 share. C would retain his old share. What will be the new ratio of all partners? |
13:7:4:5 13:6:4:5 12:8:5:5 12:6:4:5 |
12:8:5:5 |
The correct answer is option 3- 12:8:5:5. D's share = 1/6 Calculation of sacrifice share : B’s sacrifice = 2/5 of 1/6 C’s sacrifice = Nil Calculation of New profit sharing Ratio : A’s new share = 3/6 – 3/30 B’s new share = 2/6 – 2/30 C’s new share = Same as old share i.e. 1/6 D’s new share = 3/30 + 2/30 New ratio among A, B, C and D |