Question

A, B and C share profits and losses of the firm equally. B retires from business and his share is purchased by A and C in the ratio of 2 : 3. New profit sharing ratio between A and C respectively would be ______.

विकल्प

• 01 : 01

• 02 : 02

• 07 : 08

• 03 : 05

Answer 1

A, B and C share profits and losses of the firm equally. B retires from business and his share is purchased by A and C in the ratio of 2 : 3. New profit sharing ratio between A and C respectively would be 07 : 08.

Explanation:

Old ratio of A, B and C = 1 : 1 : 1

B’s share = `1/3`

A’s Gain = `1/3xx2/5=2/15`

C’s Gain = `1/3xx3/5=1/5`

New ratio = Old ratio + Gain

A’s New share = `1/3+2/15=(5+2)/15=7/15`

C’s new share = `1/3+1/5=(5+3)/15=8/15`

∴ A : C = `7/15:8/15`

= 7 : 8