A and B are partners sharing profits in the ratio
of 3:2. They admit C for a share which equals
20 paise in a rupee. Calculate new profit sharing
ratio and sacrificing ratio.
New profit sharing ratio =12:8:5
Sacrificing ratio=3:2
Answers
Given : A and B are partners sharing profits in the ratio of 3:2.
They admit C for a share which equals 20 paise in a rupee.
To Find : New profit sharing ratio and sacrificing ratio.
Solution:
A and B are partners sharing profits in the ratio of 3:2.
A share = 3/5
B share = 2/5
admit C for a share which equals 20 paise
= 20/100 = 1/5
Remaining Share = 1 - 1/5 = 4/5
A new share = (3/5)(4/5) = 12/25
B new Share = (2/5)(4/5) = 8/25
C share = 1/5 = 5/25
New profit sharing ratio 12/25 : 8/25 : 5/25
= 12 : 8 : 5
A's sacrificing = 3/5 - 12/25 = 3/25
B's sacrificing = 2/5 - 8/25 = 2/25
Sacrificing ratio = 3/25 : 2/25
= 3 : 2
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