Question

30.
A and B are the partners in a firm. They admit C into the firm. The new ratio is agreed to be 5:3 :
4. A and B made equal sacrifice to accommodate C. Calculate old ratio between A and B.​

Answer 1

Answer:

The answer is - 7:5

Explanation:

New Profit Sharing Ratio- - 5:3:4

Both A and B are sacrificing equally

1. A's Sacrificing Ratio- 4/12 ✖️1/2〰️ 4/24
2. Now B's Sacrificing Ratio 〰️4/12✖️1/2〰️4/24

Now the formula of calculating Old Ratio is New Ratio+ Sacrificing Ratio

1. A's Old Ratio〰️ 5/12+4/24 it will give 14/24
2. B's Old Ratio 〰️3/12+4/24 it will give 10/24

So the Old Ratio of A and B is 14:10

or you can say 7:5

Hope , this will help you