A and B are partners sharing profits in the ratio of 3:2. They admit C who takes 2/7th from A and 1/7th from B. The new profit sharing ratio will be _______.
A
15:9:11
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
15:11:9
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
11:9:15
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
9:11:15
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B11:9:15 Old ratio (A and B) = 3 : 2
C is admitted for 3/7 th share
A's sacrifice in favour of C = 2/7
B's sacrifice in favour of C = 1/7
New ratio = Old ratio - Sacrificing ratio
A's new ratio = (3/5) - (2/7) = 11/35
B's new share = (2/5) - (1/7) = 9/35
C's share = A's sacrifice + B's sacrifice
= (2/7) + (1/7)
= 3/7 or 15/35
Therefore, new profit sharing ratio of A, B and C is 11 : 9 : 15