Question

a and b are partners sharing profits and losses in the ratio of 5:3. They admit C who will receive 1/4th share in future profits which he receives equally from A and B. Calculate new ratio and sacrificing ratio?



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Answer 1

new ratio = 15:9:8

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Answer 2

Answer:

Old ratio (A and B) = 5 : 3

C is admitted for 3/10 share

Let the combined share of profit for all partners after c's admission = 1

Combined share of A and B after C's admission = 1 - C's share

= 1 - (3/10)

= 7/10

New ratio = Old ratio * Combined share of A and B

A's new share = (5/8) * (7/10)

= (7/16)

B's new share = (3/8) * (7/10)

= 21/80

C's share = 3/10

Therefore, new share of A, B and C = (7/16), (21/80) and (3/10)

= (35/80), (21/80) and (24/80)

= 35 : 21 : 24

hope this may help you mam..