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Change in Profit Sharing Ratio(PSR)

Old ratio of ...

Question

Old ratio of A, B & C is 5:4:1. If C acquires 1/5th share from A, the new profit sharing ratio will be .

A

3:4:3

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B

4:5:1

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C

4:3:4

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D

5:4:1

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Solution

The correct option is A 3:4:3
Old Ratio of A, B & C = 5:4:1 A's sacrifice = 1/5, C's gain = 1/5 A's new share = 5/10-1/5 = 3/10 B's new share = 4/10 C's new share = 1/10 + 1/5 = 3/10 New Ratio = 3:4:3

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