Question

A, B and C were partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. The partners decide to share future profits and losses in the ratio of 2 : 2 : 1. Indicate each partner's gain or sacrifice due to change in ratio.

Answer 1

Answer:

Old Ratio of A, B and C = 3 : 2 : 1

New Ratio of A, B and C = 2 : 2 : 1

Sacrifice or Gain :

A=36−25=15−1230=330(Sacrifice)

B=26−25=10−1230=230(Gain)

C=16−15=5−630=130(Gain)

A has sacrified 330, B has gained 230 and C has also gained 130.