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A and B are partner sharing profits and losses in the ration 5 : 3. On admission, C brings Rs. 70,000 cash and Rs. 48,000 against goodwill. New profit sharing ratio between A, B, C is 7:5:4. The sacrificing ratio among A and B is :
  • a)
    3:1
  • b)
    4:7
  • c)
    5:4
  • d)
    2:1
Correct answer is option 'A'. Can you explain this answer?
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A's sacrifice =(5÷8 )-(7÷16)
=10 -7
=3
B's sacrifice =( 3÷8)-(5÷16)
=6-5
=1
Then 3:1 is sacrificing ratio
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A and B are partner sharing profits and losses in the ration 5 : 3. On admission, C brings Rs. 70,000 cash and Rs. 48,000 against goodwill. New profit sharing ratio between A, B, C is 7:5:4. The sacrificing ratio among A and B is :a)3:1b)4:7c)5:4d)2:1Correct answer is option 'A'. 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 partner sharing profits and losses in the ration 5 : 3. On admission, C brings Rs. 70,000 cash and Rs. 48,000 against goodwill. New profit sharing ratio between A, B, C is 7:5:4. The sacrificing ratio among A and B is :a)3:1b)4:7c)5:4d)2:1Correct answer is option 'A'. 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 partner sharing profits and losses in the ration 5 : 3. On admission, C brings Rs. 70,000 cash and Rs. 48,000 against goodwill. New profit sharing ratio between A, B, C is 7:5:4. The sacrificing ratio among A and B is :a)3:1b)4:7c)5:4d)2:1Correct answer is option 'A'. Can you explain this answer?.
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