Accountancy, asked by sumana44, 10 months ago

A and B are partner sharing profit and loss in the ratio 4:3 they admit c into the partner the new profit sharing ratio is 7:4:3 respectively find sacrifice ratio of the old partner​

Answers

Answered by Sauron
2

Answer:

The sacrifice ratio of A and B = 1 : 2.

Explanation:

Solution :

Old Ratio :

A : B = 4 : 3

  • A's Share = 4/7
  • B's Share = 3/7

They admit C into the partnership.

The new profit sharing ratio is 7 : 4 : 3 respectively.

New Profit Sharing Ratio :

A : B : C = 7 : 4 : 3

  • A's New Share = 7/14
  • B's New Share = 4/14
  • C's Share = 3/14

Sacrifice Ratio :

Sacrifice Ratio = Old Ratio - New Ratio

A's Sacrifice =

⇒ 4/7 - 7/14 = (8 - 7)/14

1/14

B's Sacrifice =

⇒ 3/7 - 4/14 = (6 - 4)/14

2/14

Sacrifice Ratio =

  • A : B
  • 1/14 : 2/14

1 : 2

Therefore, The sacrifice ratio of A and B = 1 : 2.

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