Practicing Success
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 $A = \frac{3}{5}- \frac{1}{6} = \frac{13}{30}$ $B = \frac{2}{5} - \frac{1}{4}=\frac{3}{20}$ $C = \frac{1}{6}+\frac{1}{4}=\frac{2+3}{12}=\frac{5}{12}$ A $\frac{13}{30} \times 60=26$ B $\frac{3}{20} \times 60=9$ C $\frac{5}{12} \times 60=25$ New ratio → 26 : 9 : 25 |