Abhiram and Ragini are partners sharing profits in the ratio of 3:2. They admit Arun a new partner for 1/5th share in the future profits of the firm which he gets equally from Abhiram and Ragini. Calculate the new profit sharing ratio of Abhiram, Ragini and Arun. |
5:2:3 5:3:2 2:3:5 4:3:3 |
5:3:2 |
The correct answer is option 2- 5:3:2. Old ratio = 3:2 (Abhiram and Ragini) Arun = 1/5th Sacrificed share of each partner = 1/5 x 1/2 New share = Old share - Sacrificed share New share of Abhiram = 3/5 - 1/10 New share of Ragini = 2/5 - 1/10 Share of Arun = 1/5 or 2/10 New ratio = 5/10 : 3/10 : 2/10 |