A and B are partners in a partnership firm, sharing profits in 3 : 2 ratio. They agreed to admit new partner C. A sacrifices 1/6 from his share and B sacrifices 1/4 from his share. Calculate new profit sharing ratio between A, B and C. |
26 : 9 : 25 5 : 3 : 2 1 : 1 : 1 25 20 : 15 |
26 : 9 : 25 |
The correct answer is Option (1) → 26 : 9 : 25. Old ratio = 3:2 ( A & B) A sacrifices 1/6 from his share and B sacrifices 1/4 from his share New share = Old share - Sacrifice share A's sacrifice = 1/6 B's sacrifice = 1/4 Share of C = 1/6 + 1/4 New ratio = 13/30 : 3/20 :5/12 |