35 Views

Question : B and C were partners in a firm sharing profits in the ratio of 3: 2: 1. They admitted D as a new partner for 1/8 th share in the profits, which he acquired 1/16 th from B and 1/16 th from C. sacrificing ratio will be 

Option 1: 1:1:1

Option 2: 2:1

Option 3: 3:2:1

Option 4: 1:1


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 13th Jan, 2024

Correct Answer: 1:1


Solution : Answer = 1:1

A's new Share $=\frac{3}{6}$ b's new Share $=\frac{2}{6}-\frac{1}{16}=\frac{16-3}{48}=\frac{13}{48}$

C's new Share $=\frac{1}{6}-\frac{1}{16}=\frac{8-3}{48}=\frac{5}{48} \quad$ D's Share $=\frac{1}{8}$

Thus, the New Profit Sharing Ratio for A, B, C and D will be: $\frac{3}{6}: \frac{13}{48}: \frac{5}{48}: \frac{1}{8}$

Sacrificing ratio will be 1: 1 because b and c sacrifice in the ratio of 1: 1.
Hence, the correct option is 4.

Related Questions

Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amrita University B.Tech 2026
Apply
Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Upto 75% Scholarships
Amity University, Noida | Law...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Great Lakes Institute of Mana...
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Manav Rachna University Law A...
Apply
Admissions open for B.A. LL.B. (Hons.), B.B.A. LL.B. (Hons.) and LL.B Program (3 Years) | School of Law, MRU ranked No. 1 in Law Schools of Excelle...
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC | Ranked 33rd by NIRF 2025
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books