A and B share profits and losses in the ratio of 3:4. C
was admitted for 1/5th share. New profit sharing ratio
will be :
(a) 3:4:1
(b) 12:16:7
(c) 16:12:7
(d) None of these
Answers
Answered by
9
Answer: (b) 12:16:17
Explanation:
You can get C as 1/5 or 7/35.
You can get A as 4/5 * 3/(3+4) = 12/35
You can get B as 4/5 * 4/(3+4) = 16/35
Answered by
1
Given:
The ratio of A and B=3:4
C's share=1/5
To find:
The new profit-sharing ratio
Solution:
The new required ratio is 12:16:7. (Option b)
We can obtain the new ratio by following the given process-
The new share of C=1/5
So, the remaining share will be distributed between A and B in their old ratio.
The remaining raio=1-1/5=4/5
So, the new ratio of A=3/7 of 4/5
=3/7×4/5
=12/35
Similarly, the new ratio of B=4/7 of 4/5
=4/7×4/5
=16/35
The new ratio of C=1/5=7/35
So, the new ratio of A, B, and C=12/35:16/35:7/35
=12:16:7
Therefore, the new required ratio is 12:16:7.
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