A and B are partners sharing profits in the ratio of 3:2. They admit C for 1/5th share in the future profits which he gets equally from both A and B. The new profit sharing ratio will be:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → A 5/10, B 3/10, C 2/10
C takes 1/5 of the profits equally from A and B, so each gives up half of 1/5, that is 1/10.
C’s share = 1/5 = 2/10
A’s new share = 3/5 − 1/10 = 6/10 − 1/10 = 5/10
B’s new share = 2/5 − 1/10 = 4/10 − 1/10 = 3/10
New ratio of A, B and C = 5:3:2
Check: 5/10 + 3/10 + 2/10 = 1.
NCERT (2026-27 edition):
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