A and B are partners sharing profits in the ratio of 3:2. C is admitted into the firm for 1/5th share in the profit which he acquires equally from A and B. The new profit sharing ratio will be:

6:2:2

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5:3:2

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4:4:2

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3:5:2

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Solution

The correct option is B
5:3:2

C's share=1/5

A's sacrifice= 1/51/2=1/10

B's sacrifice= 1/51/2=1/10

A's new share=3/5-1/10=5/10

B's new share=2/5-1/10=3/10

C's share=1/5=2/10

New profit sharing ratio= 5:3:2

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Similar questions

Q. A and B are partners sharing profits in the ratio of

3 : 2

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th share in the profit which he acquires equally from A and B. The new profit sharing ratio will be ________.

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A and B are partners sharing profits and losses in the ratio of 3:2. They admit C into the partnership for one-fourth share of the profits while A and B as between themselves sharing profits and losses equally. The new profit sharing ratio (NR) between A, B and C will be:

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A and B are partners sharing profits in the ratio of 3:2. C is admitted into the firm for 1/5th share in the profit which he acquires equally from A and B. The new profit sharing ratio will be:

The correct option is B 5:3:2 C's share=1/5 A's sacrifice= 1/5*1/2=1/10 B's sacrifice= 1/5*1/2=1/10 A's new share=3/5-1/10=5/10 B's new share=2/5-1/10=3/10 C's share=1/5=2/10 New profit sharing ratio= 5:3:2

The correct option is B
5:3:2

C's share=1/5

A's sacrifice= 1/51/2=1/10

B's sacrifice= 1/51/2=1/10

A's new share=3/5-1/10=5/10

B's new share=2/5-1/10=3/10

C's share=1/5=2/10

New profit sharing ratio= 5:3:2