Multiple choice

A and B are partners sharing profit and loss in the ratio 5 : 3. They admitted C and agreed to give him 3/10th of the profit. What is the new ratio after C's admission?

  1. 35 : 42 : 17

  2. 35 : 21 : 24

  3. 49 : 22 : 29

  4. 34 : 20 : 12

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

C's share is 3/10, so the remaining 7/10 is shared by A and B in their old ratio 5:3. A's new share = (5/8) × (7/10) = 35/80. B's new share = (3/8) × (7/10) = 21/80. C's share = 3/10 = 24/80. Converting to ratio: 35:21:24. The key is that old partners share the sacrifice in their original ratio.