Question

A and b are partner sharing profit and losses in the ratio of 5:3 on admission fees bring ₹70000 at cash and ₹ 43000 against goodwill new profit ratio between a b and c is 7:5:4.the sacrifice ratio a and b is .....

Answer 1

Answer:

Sacrifice ratio of A:B = 3:1

Explanation:

Old profit sharing ratio of A:B is 5:3

New profit sharing ratio A:B:C is 7:5:4

Sacrifice ratio = Old profit sharing ratio - New profit sharing ratio

Sacrifice ratio of A = 5/8 - 7/16

                               = 10-7 / 16

                               = 3/16

Sacrifice ratio of B = 3/8 - 5/16

                               = 6-5 / 16

                               = 1/16

Sacrifice ratio of A:B = 3:1