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A and B are partners sharing profit in the ratio of 3 : 2. They admit C as a partner by giving him 13rd share in future profits. The new ratio will be: -

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Question

A and B are partners sharing profit in the ratio of 3 : 2. They admit C as a partner by giving him `1/3`rd share in future profits. The new ratio will be:

Options

  • 12 : 8 : 5

  • 8 : 12 : 5

  • 5 : 5 : 12

  • None of these

MCQ

Solution

None of these

Explanation:

A's New share = `3/5 xx 2/3 = 6/15`

B's New share = `2/5 xx 2/3 = 4/15`

C's share = `1/3 = 5/15`

A : B : C = 6 : 4 : 5

Thus, none of the mentioned ratios is correct.

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Admission of a New Partner
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