A & B are partners sharing profits in ratio of 3:2. C is admitted for 1/4th share. A and B decide to share equally in future. What will be the new profit-sharing ratio?
Options:
3:3:2
2:2:3
3:3:1
2:2:1
Correct Answer:
3:3:2
Explanation:
Old ratio is 3:2 C share is 1/4 Remaining share = 1-1/4= 3/4 which is distributed between A & B equally. A new share is 3/4*1/2 = 3/8 B new share is 3/4*1/2= 3/8 So, new ratio will be=3/8 :3/8:1/4 = 3:3:2