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Question

A and B are partners sharing profits in the ratio of 3:2. They admit C with 1/8 share in the profits. The new profit sharing ratio between Aand B is 4:3. The new profit sharing ratio and sacrificing ratio will be:


A

None of these

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B

NR 4:3:1, SR 4:1

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C

NR 4:3:1, SR 1:4

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D

NR 3:4:1, SR 4:1

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Solution

The correct option is B

NR 4:3:1, SR 4:1


New Ratio between A& B is 4:3
And they have admitted C for 1/8 share
So, New Ratio = 4:3:1

Sacrificing Ratio(SR) = old share-new share

Share Sacrificed by A = 3/5-4/8=4/40

Share Sacrificed by B = 2/5-3/8=1/40

Sacrificing Ration of A&B = 4:1


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