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A and B shared profits in (6:4). The new ratio is (5:3:2). In what ratio did C's share come from the old partners?

Answer and explanation

Correct answer: (1:1)

A's sacrifice is (6/10-5/10=1/10) and B's sacrifice is (4/10-3/10=1/10). So C's share came in (1:1).

Related tags

Source RatioSacrifice AnalysisNew RatioNew Profit Sharing RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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