A & B are partners sharing profits in ratio of 4:3. C joins and the new ratio is 7:4:3. Find out the sacrificing ratio?
Options:
2:1
4:3
1:2
7:3
Correct Answer:
1:2
Explanation:
The old ratio is 4:3 The new ratio is 7:4:3 The sacrifice of A= 4/7-7/14= 1/14 The sacrifice of B= 3/7-4/14= 2/14 So, sacrificing ratio is 1/14:2/14 or 1:2
