James and kamal are sharing profit and losses ratio of 5:3.they admit sunil as a partner giving him 1/5 share of profit .find the sacrificing ratio. a) 1:3 b) 3:1 c) 5: 3 d) 3: 5
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Explanation:
Given,
A:B= 5:3
C = 1/5
now ,
The sacrifice made by A and B in the ratio of 5:3
Then,
A's sacrifice 1/5× 5/8 = 5/40
B's sacrifice 1/5×3/8 = 3/40
Sacrificing ratio is 5/40:3/40
______________5:3
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