1
A and B are partners sharing profits and losses in the ratio 5:3. They admitted Cand agreed to give him
3/10th of the profit. What is the new ratio after C's admission?
(a) 35:42:17.
(b) 35:21:24.
(c)
49:22:29.
Answers
Answer:
hey dude "option b" is the correct answer
Explanation:
Old Ratio of A and B = 5:3
C is admitted for 3/10 share
Let the combined share of profit for all partners after c's admission = 1
Combined share of A & B after C's admission = 1 - C' share
= 1 - (3/10)
= 7/10
New Ratio = Old Ratio * Combined sharer A & B
A's New Share = (5/8) * (7/10)
= 35/80
B's New share = ( 3/8) * (7/10)
= 21/80
C's New share = (3/10) * (8/8)
= 24/80
Therefore new share of A, B & C = (35/8) : (21.80) : (24/80)
= 35 : 21 : 24
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