Commerce Exam  >  Commerce Questions  >  A, B and C are partners sharing profit in the... Start Learning for Free
A, B and C are partners sharing profit in the ratio of 1/2 : 3/10 : 1/5 .Calculate the new profit sharing ratio between A and C ,If B retires
  • a)
    3:2
  • b)
    2:5
  • c)
    5:2
  • d)
    4:1
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Cal...
New Ratio of A and C will be 5:2
Old Ratio = 1/2, 3/10 and 1/5 i.e. 5:3:2
Share of B = 3/10
Remaining = 5:2
View all questions of this test
Most Upvoted Answer
A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Cal...
Understanding the Profit Sharing Ratio
The initial profit-sharing ratio among partners A, B, and C is given as:
- A = 1/2
- B = 3/10
- C = 1/5
To work with these fractions, we should convert them to a common denominator.
Finding a Common Denominator
The least common multiple (LCM) of the denominators (2, 10, 5) is 10. We can convert each fraction:
- A = 1/2 = 5/10
- B = 3/10 = 3/10
- C = 1/5 = 2/10
Thus, the profit-sharing ratio is:
- A : B : C = 5 : 3 : 2
Effect of B's Retirement
When B retires, the total profit-sharing ratio needs to be recalculated between A and C. The total parts left for A and C become:
- Total parts = 5 + 2 = 7
Calculating New Ratios for A and C
Now, we need to find the new ratio for A and C based on their existing shares:
- A's new share = 5 parts out of 7
- C's new share = 2 parts out of 7
The new ratio of A to C can be expressed as:
- A : C = 5 : 2
Conclusion
The new profit-sharing ratio between A and C, after B's retirement, is therefore:
- 5:2
This matches option 'C'.
Explore Courses for Commerce exam

Top Courses for Commerce

Question Description
A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer?.
Solutions for A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A, B and C are partners sharing profit in the ratio of1/2:3/10:1/5.Calculate the new profit sharing ratio between A and C ,If B retiresa)3:2b)2:5c)5:2d)4:1Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev