Gori and Sori share profits in the ratio of 3 : 2. Hori was admitted as a partner who gets 1/5 share which Hori acquires 3/20 from Gori and 1/20 from Sori. New profit sharing ratio of Gori, Sori and Hori would be: |
9 : 7 : 4 8 : 8 : 4 6 : 10 : 4 10 : 6 : 4 |
9 : 7 : 4 |
The correct answer is Option (1) → 9 : 7 : 4. Old ratio between Gori and Sori = 3:2 Sacrificed share = 3/20 and 1/20 (Gori and Sori) New share = Old share - Sacrificed share Gori new share = 3/5 - 3/20 Sori new share = 2/5 - 1/20 New ratio = 9/20 : 7/20 : 1/5 |