A and B are partners sharing profits in the ratio of 3 : 2. C is admitted as a partner. The new profit-sharing ratio among A, B and C is 4 : 3 : 2 . Find out the sacrificing ratio ?
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Sacrificing Ratio is calculated as below
Explanation:
Old ratio for partners A and B is given as 3:2.
When C is admitted as a new partner, the new ratio for A:B:C becomes= 4:3:2
To calculate sacrificing ratio, we need to deduct new ratio from old ratio.
Calculation of Sacrificing Ratio:
Sacrificing Ratio will be calculated as Old Ratio- New Ratio
A’s sacrificing ratio
B’s sacrificing ratio
Thus, sacrificing ratio becomes
This can also be written as 7:3
Thus, the sacrificing ratio will become 7 : 3
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