Accountancy, asked by bhardyboyz1, 7 months ago

A, B and C are partners
sharing profits and losses
in the ratio 3:2:1. They
admit D for 1/6 th share. C
will retain his original
share. The new ratio will
be:
Select one:
a. 12:8:4:3
b. 12:8:5:5
c. 3:1:1:1
d. 10:5:5:2

Answers

Answered by potumeghana48114
3

A's old share= 2/5

B's old share= 2/5

C's old share= 1/5

D is admitted for 1/6th share. C will retain his original share.

Hence, remaining share= 1- [1/6] - [1/5]

= 19/30

This remaining share will be shared by A and B in their old ratio, i.e, 2:2

A's new share= 2/4 * 19/30

= 38/120

B's new share= 2/4 * 19/30

= 38/120

New Profit sharing ratio= 38:38:24:20

= 19:19:12:10

Sacrificing ratio= old ratio- new ratio

A's sacrifice= 2/5- 19/60

= 5/60

B's sacrifice= 2/5- 19/60

= 5/60

Sacrificing ratio= 5:5= 1:1

[Note: since nothing is mentioned, we assume that only A and B have sacrificed since C retains his old share]

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