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A and B are partners sharing profits and losses 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?
- a)35:42:17.
- b)35:21:24.
- c)49:22:29.
- d)34:20:12.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A and B are partners sharing profits and losses in the ratio 5:3. They...
Given: A and B are partners sharing profits and losses in the ratio 5:3. They admitted C and agreed to give him 3/10th of the profit.
To find: The new ratio after Cs admission.
Solution:
Let the profit be x.
C's share in the profit = 3/10 x
Remaining profit = x - 3/10 x = 7/10 x
Now, A and B have to share 7/10 x in the ratio 5:3.
A's share = 5/8 * 7/10 x = 7/16 x
B's share = 3/8 * 7/10 x = 21/80 x
C's share = 3/10 x
Therefore, the new ratio of A, B, and C's share in the profit will be:
A:B:C = 7/16 x : 21/80 x : 3/10 x
= 35:21:24 (by cross multiplying)
Hence, the correct option is (b) 35:21:24.
To find: The new ratio after Cs admission.
Solution:
Let the profit be x.
C's share in the profit = 3/10 x
Remaining profit = x - 3/10 x = 7/10 x
Now, A and B have to share 7/10 x in the ratio 5:3.
A's share = 5/8 * 7/10 x = 7/16 x
B's share = 3/8 * 7/10 x = 21/80 x
C's share = 3/10 x
Therefore, the new ratio of A, B, and C's share in the profit will be:
A:B:C = 7/16 x : 21/80 x : 3/10 x
= 35:21:24 (by cross multiplying)
Hence, the correct option is (b) 35:21:24.
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Community Answer
A and B are partners sharing profits and losses in the ratio 5:3. They...
Let the profit =1
(-) C took =3/10
--------------------------------
Remaining profit =7/10
A =5/8 × 7/10=35/80
B=3/8 × 7/10=21/80
C=3/10 ×8/8 =24/80
New ratio =35:21:24
(-) C took =3/10
--------------------------------
Remaining profit =7/10
A =5/8 × 7/10=35/80
B=3/8 × 7/10=21/80
C=3/10 ×8/8 =24/80
New ratio =35:21:24
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A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer?.
A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer?.
Solutions for A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of A and B are partners sharing profits and losses 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?a)35:42:17.b)35:21:24.c)49:22:29.d)34:20:12.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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