Question

A and b are old partners sharing profit in the ratio 5:3 c joined as new partners with 1/5 share of profit . Calculate the new profit sharing ratio and sacrificing ratio.

Answer 1

old ratio of a & b =5:3

c's share=1/5

remaining share=1-1/5=5-1/5=4/5

A's new share=5/8*4/5=20/40

Bs new share= 3/8*4/5=12/40

cs share=1/5*8/8=8/40

hence new profite sharing ratio =20:12:8

=10:6:4

here, old ratio is there sacrificing ratio bceause no othe ratio is given. so, sacrificing ratio=5:3