and are partners in a firm sharing profits in the ratio of . They admit as a new partner for th share in the profits. The new profit sharing ratio will be . The sacrificing ratio of and is
- A5:3
- B4:3
- C3:5
- D2:5
Solution & Step-by-step Explanation
1. Note Old and New Shares:
2. Apply Sacrificing Ratio Formula:
For Partner A:
For Partner B:
3. Determine Sacrificing Ratio:
2. Apply Sacrificing Ratio Formula:
For Partner A:
For Partner B:
3. Determine Sacrificing Ratio: