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Question : A, B and C are partners in a firm sharing profits and losses in the ratio of 3:2:1. The partners decide to share future profits and losses in the ratio of 5:3:2. Each partner’s gain or sacrifice due to change in the ratio will be :

 

Option 1: A sacrifice 1/30, B Gain 1/30, Z Nil 

Option 2:  A Nil, B sacrifice 1/30 and C gain 1/30

Option 3: A gain 1/30, B Nil, C sacrifice 1/30

Option 4: A Nil, B gain 1/30 and C sacrifice 1/30


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: A Nil, B sacrifice 1/30 and C gain 1/30


Solution : Answer = A Nil, B sacrifice 1/30 and C gain 1/30

S.R. = old ratio - new ratio

A = 3/6 - 5/10 = 15 -15/30 = 0 no gain no sacrifice

B = 2/6 - 3/10 = 10 -9/30 = 1/30 Sacrifice

C = 1/6 -2/10 = 5- 6/30 = -1/30 gain
​​​​​​​Hence, the correct option is 1.

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