Question

A and B are partners in firm sharing profits in the ratio of 5 : 3. They admit C as a new partner for `1/7` share. New Ratio will be 4 : 2 : 1. Sacrificing ratio will be:

Options

• 5 : 3

• 3 : 2

• 3 : 5

• 4 : 2

Answer 1

3 : 5

Explanation:

Calculation of sacrificing ratio of partners:

Old Ratio = 5 : 3

New Ratio = 4 : 2 : 1

Sacrificing ratio = Old ratio − New ratio

Sacrificing ratio of A = `5/8 - 4/7 = 3/56`

Sacrificing ratio of B = `3/8 - 2/7 = 5/56`