A and B share profits and losses in a firm in the ratio of 3 : 2. And C entered in the firm as a new partner; his profit sharing ratio is $$\frac{1}{4}$$. If C has taken his share of profit from A and B in equal ratio, then the new profit shearing ratio will be ?
A. 19 : 11 : 1
B. 19 : 11 : 10
C. 10 : 11 : 9
D. 10 : 11 : 19
Answer: Option B
Solution(By Examveda Team)
$$\eqalign{ & {\text{Let the total share}} = {\text{200 units}} \cr & \therefore {\text{Share of C}} = 200 \times \frac{1}{4} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 50{\text{ units}} \cr & {\text{Remaining share}} \cr & = \left( {200 - 50} \right) \cr & {\text{ = 150 units}} \cr & \therefore {\text{Share of A}} = \frac{{200}}{{3 + 2}} \times 3 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 120{\text{ units}} \cr & {\text{Share of B}} = \frac{{200}}{{3 + 2}} \times 2 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 80{\text{ units}} \cr} $$According to the question,
C received equal amounts from A and B
$$\eqalign{ & \therefore {\text{A's remaining share}} \cr & = \left( {120 - 25} \right) \cr & = 95 \cr & {\text{B's remaining share}} \cr & = \left( {80 - 25} \right) \cr & = 55 \cr} $$
A | : | B | : | C | |
New Ratio → | 95 | : | 55 | : | 50 |
19 | : | 11 | : | 10 |
Related Questions on Partnership
A. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these
A. Rs. 40000
B. Rs. 50000
C. Rs. 60000
D. Rs. 70000
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