A and B are partners sharing profits in the ratio of 3:2. They decided to admit C and decided to share profits equally. In this case, who is sacrifing the share of profits?
C only
Old ratio: 3:2
New ratio: 1:1:1
Sacrificing ratio= Old ratio – New ratio
A’s sacrifice = 3/5 - 1/3 = 4/9
B's sacrifice = 2/5 - 1/3 = 1/9