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: |
A 4/10, B 2/10, C 4/10 A 5/10, B 3/10, C 2/10 A 2/10, B 3/10, C 5/10 A 3/10, B 3/10, C 4/10 |
A 5/10, B 3/10, C 2/10 |
The correct answer is option 2- A 5/10, B 3/10, C 2/10. Old ratio = 3:2 (A and B) C = 1/5th Sacrificed share of each partner (A & B) = 1/5 x 1/2 New share = Old share - Sacrificed share New share of A = 3/5 - 1/10 New share of B = 2/5 - 1/10 New ratio = 5/10 : 3/10 : 1/5 |