Old ratio of A,B & C is 5:4:1.Calculate the new profit sharing ratio, when C acquires 1/5th Share from A & B equally.
4:3:3
Old ratio between A:B:C = 5:4:1.
C acquires 1/5th Share from A & B equally
B’s sacrifice= 1/5 X 1/2 = 1/10
A’s sacrifice= 1/5 X 1/2 = 1/10
C`s gain= 1/5
A = 5/10 -1/10 = 4/10
B = 4/10 - 1/10 = 3/10
C= 1/10 + 1/5 = 3/10
A:B:C = 4:3:3