A and B are partners sharing profit in the ratio of 3:2. They admit C as a partner by giving him 1/3rd share in future profits. The new ratio will be:
Answer & explanation
Correct answer: option 4
Sacrifice of A= 1/3*3/5=3/15
Sacrifice of B= 1/3*2/5=2/15
New Share of A= 3/5-3/15=6/15
New Share of B= 2/5-2/15=4/15
Share of C=5/15
NPR=6:4:5
Sacrifice of B= 1/3*2/5=2/15
New Share of A= 3/5-3/15=6/15
New Share of B= 2/5-2/15=4/15
Share of C=5/15
NPR=6:4:5