A and B share profits in the ratio 2 : 1. C is admitted for a 1/5 share, taken from A and B in their old ratio. What is the sacrifice of A?
Answer and explanation
Correct answer: B. \frac{2}{15}
- Step 1: Old share of A = 2/3; the remaining 4/5 is shared in the old ratio, so A's new share = 2/3 x 4/5 = 8/15.
- Step 2: Sacrifice = old share - new share = 2/3 - 8/15 = 2/15.
Answer
2/15.
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