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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

None of the above

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B

3:4:3

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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 B
3:4:3

Old ratio of A,B & C = 5:4:1.

A’s sacrifice= 1/5, C`s gain= 1/5

A = 5/10 -1/5 = 3/10

B = 4/10

C= 1/10 + 1/5 = 3/10

New Ratio = 3:4:3

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