A and B are partners in 3:2 ratio.C is admitted .A gives 1/5 of his share to C and B gave 1/10 of his share to C .find new profit sharing ratio and sucifice ratio
Answers
old ratio of A =3/5
scarifie ratio =3/5*1/5
=3/25
new ratio of A = 3/5-3/25
=(3/5*5/5)-3/25
=15/25-3/25
=12/25
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old ratio of B = 2/5
scarifie ratio of B = 2/5*1/10
=2/50 or 1/25
new ratio of B = 2/5-1/25
=(2/5*5/5)-1/25
=10/25-1/25
=9/25
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New ratio of C = scarifie ratio of A+ scarifie ratio of B
=3/25+1/25
=4/25
new ratio of partners = 12:9:4
Sacrifice ratio =3:1
A's sacrifice towards C = 1/5 of his share..
so 3/5 × 1/5 = 3/25
A's new share = Old share - sacrificed share
= 3/5 - 3/25
(3/5 ....multiply with 5 ..on denominator and numerator..)
= 15/25 - 3/25
=12/25
B's sacrifice towards C = 1/10 of his share.
so 2/5 × 1/10 = 2/50 = 1/25
B's new share = old share - sacrificed share
= 2/5 - 1/25
(2/5 ... multiply with 5 on denominator and numerator)
= 10/25 - 1/25
=9/25
C's share= A's sacrifice + B's sacrifice
= 3/25 + 1/25
=4/25
So the new profit sharing ratio= 12:9:4
Sacrificing ratio = 3:1 ..(3/25 of A and 1/25 of B)