Question

A and B are partners in a firm sharing profits in the ratio of 3:2. C is admitted as a partner for 1/5 share which he acquired equally A & B, sacrificing ratio will be :

(A) 3:2
(B)1:1
(C)2:3
(D)2:1

Answer 1

Answer:

2:1..................................

Answer 2

Answer:

The sacrificing ratio will be 1: 1

Option B is correct

Explanation:

The formula is:

Sacrificing ratio = Old share of profit - New Share of profit

A's old share of profit = 3 /5

B's old share of profit = 2/5

C 's share = 1/5 ×1/2 (equally)

                 = 1/10

A's new share of profit = 3/5 - 1/10

                                      = 5/10

B's new share of profit = 2/5 - 1/10

                                      = 3/10

SR of A = 3/5 - 5/10

            = 1/5

SR of B = 2/5 - 3/10

            = 1/5

So, the ratio is 1:1