Question

A and B are partners sharing profits equally. They took Cinto partnership.A surrendered 1/3 of his share and B surrender ed 1/4 of his share in favour of C . Calculate the future profit sharing ratio of the partners and sacrificing ratio ​

Answer 1

Answer:

6:2:2

Explanation:

Old ratio (A : B) = 7 : 3

Sacrificing ratio = Old ratio * suurender share

A's sacrificing ratio = (7/10) * (1/7) = 1/10

B's sacrificing ratio = (3/10) * (1/3) = 1/10

New share = Old share - sacrificing ratio

A's new share = (7/10) - (1/10) = (6/10)

B's new share = (3/10) - (1/10) = (2/10)

C's share = Sacrificing ratio of A and B

C's share = (1/10) + (1/10) = (2/10)

Therfore, new profit sharing ratio of A : B : C = 6 : 2 : 2