A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. A retires and his share is taken up by B and C in the ratio of 3 : 2. Calculate the new profit sharing ratio. |
21:10 19:11 18:12 15:12 |
19:11 |
The correct answer is Option (2) → 19:11 Old Ratio of A, B, and C =3:2:1 A's share (Retiring Partner) =3/6 A's share is taken up by B and C in the ratio 3:2. B's Gain: He takes 3/5 of A's share. B’s Gain=3/6 * 3/5 = 9/30 C's Gain: He takes 2/5 of A's share. C’s Gain=3/6 * 2/5 = 6/30 New Share=Old Share+Gain B’s New Share=2/6 + 9/30 = 19/30 C’s New Share= 1/6+ 6/30 = 11/30 New Ratio of B and C= 19:11 |