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Question
Choose the appropriate alternative from the given options:
Bishan and Sudha were partners in firm sharing profits and losses in the ratio of 5 : 3. Alena was admitted as a new partner. It was decided that the new profit sharing ratio of Bishan, Sudha, and Alena will be 10: 6: 5. The sacrificing ratio of Bishan and Sudha will be:
Options
5 : 3
25: 78
6: 5
2: 1
Solution
The correct answer is 5 : 3.
Working Notes:
Calculation of Sacrificing Ratio:
Particulars | Bishan | Sudha |
Old Ratio | `5/8` | `3/8` |
New Ratio | `10/21` | `6/21` |
Sacrificing Ratio | `(5/8 – 10/21) = 25/168` | `(3/8 – 6/21) = 15/168` |
Sacrificing Ratio will be= 25: 15 or 5 : 3 |
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