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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Change in Profit-Sharing Ratio and Admission of a Partner › Rohit and Mohit share 5:3. After Bijoy joins, th…

Rohit and Mohit share 5:3. After Bijoy joins, the ratio is 4:2:1. Sacrificing ratio?

A3:5
B2:1
C5:3
D4:2
Answer & Solution
Correct answer: A. 3:5
Rohit gives up 5/8 minus 4/7 = 3/56 and Mohit gives up 3/8 minus 2/7 = 5/56, so the ratio is 3:5.
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