# A and B share profit in the ratio of 5 : 2. C is admitted as a partner

| A and B share profit in the ratio of 5 : 2. C is admitted as a partner who sets 1/7 share. If C acquires 3/28 from A and 1/28 from B, then what will be the new profit sharing ratio?

A. 19 : 5 : 4

B. 17 : 7 : 4

C. 15 : 9 : 4

D. 16 : 8 : 4

### Right Answer is: B

#### SOLUTION

• Old Ratio – A:B is 5 : 2

Hence A’s share=5/7, B’s share-2/7

C is admitted with 1/7 share

A gives 3/28

A’s new share 5/7-3/28=17/28

Similarly B’s new share 2/7-1/28=7/28

C’s Share=1/7

**New ratio A:B:C= 17/28: 7/28: 1/7= 17:7:4**

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A and B share profit in the ratio of 5 : 2. C is admitted as a partner