A & B are partners sharing profits in ratio of 3:2. C is admitted for 1/4th share. A and B decide to share profits equally in future. What will be the new profit-sharing ratio? |
3:3:2 2:2:3 3:3:1 2:2:1 |
3:3:2 |
The correct answer is option 1- 3:3:2. Old ratio is 3:2 This 3/4th is distributed between A & B equally. A new share = 3/4*1/2 So, new ratio will be = 3/8 : 3/8 : 1/4 |