Question

A and b share profit in the ratio of 7:3 C was admitted as a patner. A surrender 1/7 of his share and b 1/3 of his share in in favour of c calculate new ratio

Answer 1

Answer:

New ratio of A,B,C is 3:1:1.

Explanation:

old ratio = 7:3

A's sacrifice = 1/7 × 7/10 =1/10

B's sacrifice = 1/3 × 3/10 = 1/10.

Sacrificing ratio = 1:1

A new share= 7/10 - 1/10 = 6/10

(old ratio - sacrifice ratio)

B new share = 3/10 -1/10 = 2/10

C share = 1/10 + 1/10 = 2/10

So,new ratio is 6:2:2 that is 3:1:1