Question

A, B and C are partners sharing profits in the ratio of 5:4:3. They admit D for 1/7th share. It is agreed that B would retain his original share. Sacrificing ratio will be:

A B and C- 5:4:3

A and C 4:3

A and C 5:4

A and C 5:3

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Answer 1

Answer:

A and C 5:3

Explanation:

Hope it is helpful for you

Answer 2

"A B and C = 5:4:3"

Explanation:

Share of firm =  1,  D's share = 1/7, remaining share = 1 - 1/7 = 6/7

So, New ratio =

A = 6/7 x 5/12 = 30/84

B = 6/7 x 4/12 = 24/84

C = 6/7 x 3/12 = 18/84

D = 1/7 x 12/12 = 12/84

      i.e; 30:24:18:12 = 5:4:3:2

Sacrificing ratio = old ratio - new ratio

A = 5/12 - 5/14 = 35-30/84 = 5/84

B = 4/12 - 4/14 = 28-24/84 = 4/84

C = 3/12 - 3/14 = 21-18/84 = 3/84

D =        - 2/14 =                 (-12/84)

Therefore Sacrificing ratio = 5:4:3