S and T are partners in a firm sharing profits in the ratio of 3 : 2. They admit U as a new partner. S surrenders 1/4 of his share and T surrenders 1/3 of his share in favour of U. Sacrificing ratio of S and T will be:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → 9 : 8.
Old ratio between S & T = 3:2
Sacrificed share of S = 1/4 x 3/5
= 3/20
Sacrificed share of T = 1/3 x 2/5
= 2/15
Sacrificing ratio = 3/20 :2/15
= 9/60 : 8/60
= 9:8