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Question
A and B are partners sharing profits in the ratio of 11 : 4. C was admitted. A surrendered `1/11`th of his share and B `1/4` of his share in favour of C. The sacrificing ratio will be ______.
Options
11 : 4
1 : 1
4 : 11
7 : 4
MCQ
Fill in the Blanks
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Solution
A and B are partners sharing profits in the ratio of 11 : 4. C was admitted. A surrendered `1/11`th of his share and B `1/4` of his share in favour of C. The sacrificing ratio will be 1 : 1.
Explanation:
A’s sacrificed share = `1/11 xx 11/15`
= `11/165`
= `1/15`
B’s sacrificed share = `1/4 xx 4/15`
= `4/60`
= `1/15`
The sacrificing ratio of A and B = `1/15 : 1/15` or 1 : 1
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