A, B and Care partners sharing profits in the ratio of 3 : 3 : 4. They decide to share the future profits equally. The sacrifice or gain of partners are:
Correct Answer :
A gains 1/30; B gains 1/30; C sacrifices 2/30
Solution :
The correct option is: A gains 1/30; B gains 1/30; C sacrifices 2/30.
To determine the sacrifice or gain of each partner, we compare their old profit-sharing ratios with their new profit-sharing ratios.
The formula to calculate the sacrificing or gaining share for a partner is:
If the result is positive, the partner has sacrificed a portion of their share. If the result is negative, the partner has gained a portion of the share.
Let us write down the given ratios:
Old profit-sharing ratio of A, B, and C = 3 : 3 : 4
Therefore, the old shares are:
The partners decide to share future profits equally.
New profit-sharing ratio of A, B, and C = 1 : 1 : 1
Therefore, the new shares are:
Now, let us calculate the sacrifice or gain for each partner:
For Partner A:
Taking the common denominator as 30:
Since the result is negative, A gains 1/30.
For Partner B:
Taking the common denominator as 30:
Since the result is negative, B gains 1/30.
For Partner C:
Taking the common denominator as 30:
Since the result is positive, C sacrifices 2/30.
Thus, A gains 1/30, B gains 1/30, and C sacrifices 2/30.
Access expert-curated educational resources and study materials—completely free.
Create, conduct, and manage professional online assessments with Mindyard. Perfect for teachers and institutes.
Copyright © 2026 Mindyard. All Rights Reserved.