Question

A and B are partners sharing profits and losses in the ratio 2:1,C is admitted for 1/4 share which is acquired equally from both A and B. calculate new profit sharing ratio and sacrificing ratio.​

Answer 1

Explanation:

I hope it will help you

( one more thing if a partner is getting equal share from both partner that means he is getting equally from both or we can say half-half from both equally, so just divide the share with 1/2 to get half share of the partners and deduct it from both the share to get new profit sharing ratio)