{"id":53659,"date":"2024-04-15T23:57:14","date_gmt":"2024-04-15T23:57:14","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=53659"},"modified":"2024-04-15T23:57:14","modified_gmt":"2024-04-15T23:57:14","slug":"a-and-b-are-partners-sharing-profits-losses-in-the-ratio-of-3-2-c-is-admitted-as-a-partner-the-new-profit-sharing-ratio-among-a-b-and-c-is-4-3-2-find-out-sacrificing-ratio","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/a-and-b-are-partners-sharing-profits-losses-in-the-ratio-of-3-2-c-is-admitted-as-a-partner-the-new-profit-sharing-ratio-among-a-b-and-c-is-4-3-2-find-out-sacrificing-ratio\/","title":{"rendered":"A and B are partners sharing profits\/losses in the ratio of 3 : 2. C is admitted as a partner. The new profit sharing ratio among A, B and C is 4 : 3 : 2. Find out sacrificing ratio-"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;07:04&#8243; option2=&#8221;07:03&#8243; option3=&#8221;05:02&#8243; option4=&#8221;05:03&#8243; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is A. 7 : 4.<\/p>\n<p>The sacrificing ratio is the ratio in which the old partners agree to sacrifice their share of the profits in order to admit a new partner. In this case, A and B agree to sacrifice 1\/7 and 1\/4 of their original shares, respectively, in order to admit C as a partner. Therefore, the sacrificing ratio is 7 : 4.<\/p>\n<p>Here is a step-by-step solution:<\/p>\n<ol>\n<li>Calculate the total number of shares in the new partnership: 4 + 3 + 2 = 9<\/li>\n<li>Calculate the new share of each partner: A = 3\/9 = 1\/3, B = 2\/9 = 2\/9, C = 4\/9 = 4\/9<\/li>\n<li>Calculate the old share of each partner: A = 3\/5, B = 2\/5<\/li>\n<li>Calculate the amount of sacrifice for each partner: A = (1\/3 &#8211; 3\/5) = 2\/15, B = (2\/9 &#8211; 2\/5) = 2\/45<\/li>\n<li>Calculate the sacrificing ratio: A : B = 2\/15 : 2\/45 = 7 : 4<\/li>\n<\/ol>\n<p>I hope this helps!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;07:04&#8243; option2=&#8221;07:03&#8243; option3=&#8221;05:02&#8243; option4=&#8221;05:03&#8243; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-53659","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A and B are partners sharing profits\/losses in the ratio of 3 : 2. C is admitted as a partner. The new profit sharing ratio among A, B and C is 4 : 3 : 2. Find out sacrificing ratio-<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/a-and-b-are-partners-sharing-profits-losses-in-the-ratio-of-3-2-c-is-admitted-as-a-partner-the-new-profit-sharing-ratio-among-a-b-and-c-is-4-3-2-find-out-sacrificing-ratio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A and B are partners sharing profits\/losses in the ratio of 3 : 2. C is admitted as a partner. The new profit sharing ratio among A, B and C is 4 : 3 : 2. 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