Question

10. Gaurav and Anshul are partners sharing profits and losses in the ratio of 4 : 1. They admit Chhaya into
partnership and decide that the profit-sharing ratio between Anshul and Chhaya shall be same as between
Gaurav and Anshul. Calculate new profit-sharing ratio and the sacrificing ratio.​

Answer 1

when anshul's share is 4 , chhaya's share is 1

therefore if anshul's share is 1/5 , chhaya's share will be 1/4 ×1/5 = 1/20

new profit sharing ratio will be

Gaurav 4/5 ×4 = 16/20

anshul 1/5 ×4= 4/20

chhaya 1/20

16:4:1

SACRIFICING RATIO IS 4:1

Answer 2

The new profit sharing Ratio is 16:4:1

Sacrificing Ratio is 4:1

GIVEN: Profit sharing ratio of two partners.

TO FIND: New profit Sharing Ratio and Sacrificing Ratio after                            

                  admitting a new partner.

SOLUTION: As we know,

The Profit Sharing Ratio is the ratio agreed upon by new and old partners to share profits in the future,

According to the question,

Anshul : Chhaya = 4 : 1

Implying that,

When share of Anshul is 4, then Chhaya's share is 1

Therefore,

If Anshul's share is 1/5,  Chhaya's share will be 1/4 ×1/5 = 1/20

Then,

The new profit-sharing ratio will be as follows:

Gaurav =  4/5 ×4 = 16/20

Anshul = 1/5 ×4= 4/20

Chhaya = 1/20

New Profit Sharing Ratio = 16:4:1

Implying that,

Sacrificing ratio = 4:1

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