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The old ratio is (3:5:7). A new partner takes (1/5) share only from the second and third partners in their old ratio (5:7). What is the new ratio?

Answer and explanation

Correct answer: (18:25:29:18)

The total sacrifice (1/5) is divided in (5:7), giving (1/12) and (7/60). The new shares are (1/5,1/4,29/60,1/5), giving (12:15:29:12).

Related tags

Selective Old RatioComplex NumericalAdmissionNew Profit Sharing RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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