Rohit and Mohit are partners in a firm sharing profits in the ratio of 5:3. They admit Bijoy as a new partner for 1/7th share in the profits. The new profit sharing ratio will be 4:2:1. The sacrificing ratio of Rohit and Mohit is- |
2:5 3:5 4:5 5:3 |
3:5 |
The correct answer is option 2- 3:5. Old ratio = 5:3 (Rohit & Mohit) Sacrificed share = Old share - New share Sacrifice of R = 5/8 - 4/7 Sacrifice of S = 3/8 - 2/7 Sacrificing ratio = 3/56 :5/56 |