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Question

A & B are partners sharing profit & losses in the ratio of 3:2. They take C as a partner for 1/4th share. Calculate future profit sharing ratio.

A
3:2:4
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B
9:6:4
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C
9:6:5
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D
6:4:4
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Solution

The correct option is D 9:6:5
New PSR = 1 - 1/4 = 3/4
A = 3/4 * 3/5 = 9/20
B= 3/4 * 2/5 = 6/20
C= 1/4 *5/5 = 5/20

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