a and b are partners sharing profit and losses in the ratio of 5:4 c is admitted for 1/5th share A and B decided to share equally in future calculate sacrificing ratio
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a and b are partners sharing profit and losses in the ratio of 5:4 c is admitted for 1/5th share A and B decided to share equally in future calculate sacrificing ratio
Explanation:
To Calculation of new profit sharing ratio:
A's new ratio= old ratio-sacrifice
= 5/10-1/5
= 3/10
B's ratio= 4/10
C's new ratio= 1/10+1/5
= 3/10
New ratio= 3:4:3
Sacrificing ratio:
A's sacrifice= 1/5
C's gain= 1/5
The new profit sharing ratio= 1:1:1
Calculation of sacrificing ratio:
A's sacrifice = 5/10-1/3
= 5/30
B's sacrifice= 4/10-1/3
= 2/30
Sacrificing ratio= 5:2
C's gain= 7/30
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Answer:
this one is correct as you can saw
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