A and B are partners in the ratio of 3:2. C is admitted as a partner
and he takes ¼th of his share from A. B gives 3/16 from his share
to C. What is the share of C?
Answers
Answer:
I hope it's helpful to you
Concept:
The new ratio of the old partners is determined by deducting the proportion provided to the new partner from the shares of the old partners when a new partner buys, receives, acquires, or takes his share from old partners in a specific ratio.
It is anticipated that the old partners will split the remaining share in accordance with their previous profit ratio when the new partner's share is specified but nothing is said regarding the share, sacrifice, or relinquished by the old partners.
Sacrificing Ratio = New Ratio - Old ratio
Given:
A:B = 3:2
C is newly admitted
C takes 1/4th of his share from A
B gives 3/16 from his share
Find:
C's share
Solution:
C gets ¼th of his share from A, this means he acquires 3/4th of his share from B. (3/4th i.e. 1-1/4th)
So, 3/4th share from C is 3/16 i.e.,
3/4 C = 3/16
C = 3/16 x 4/3 = 1/4
C's share = 1/4
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