11. A and B are partners sharing profits in the ratio of 5 : 3. A surrenders 1/4th of his share and B surrenders 1/5 of his share in favour of C, a new partner. What is the sacrificing ratio? [Ans. 25 : 12]
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Answer:
Old ratio (A : B) = 7 : 3
Sacrificing ratio = Old ratio * suurender share
A's sacrificing ratio = (7/10) * (1/7) = 1/10
B's sacrificing ratio = (3/10) * (1/3) = 1/10
New share = Old share - sacrificing ratio
A's new share = (7/10) - (1/10) = (6/10)
B's new share = (3/10) - (1/10) = (2/10)
C's share = Sacrificing ratio of A and B
C's share = (1/10) + (1/10) = (2/10)
Therfore, new profit sharing ratio of A : B : C = 6 : 2 : 2
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