Practicing Success
A and B are the partners sharing profit in the ratio 5:4. They admitted C and D on the terms that C will take 1/4th share of A and B will sacrifice 1/3 from his share for D. Calculate new ratio. |
15 : 5 : 5 : 12 15 : 4: 5 : 12 3 : 2 : 1 : 1 15 : 5 : 4 : 1 |
15 : 4: 5 : 12 |
The correct answer is option 2- 15 : 4: 5 : 12. Old ratio between A & B = 5:4 A's sacrifice = 5/9 x 1/4 B sacrifice = 1/3 New share = Old share - Sacrificed share New share of B = 4/9 - 1/3 C = 5/36 D = 1/3 New ratio = 15/36 : 1/9 : 5/36 : 1/3 |