A and B are partners sharing profits in the ratio of 5: 3. A surrenders 1/4th of his share
and B surrenders 1/5 of his share in favour of C, a new partner. What is the sacrificing
ratio?
Answers
Answered by
10
Answer:
Old ratio (A : B) = 5 : 3
C admits for 3/10 share
A sacrifices in favour of C = 1/5
B sacrifices in favour of C = 1/10
New ratio = Old ratio - sacrificing ratio
A's new share = (5/8) - (1/5) = 17/40
B's new share = (3/8) - (1/10) = 22/80 or 11/40
C's share = 3/10 or 12/40
Therefore, new share of A, b and C is 17 : 11 : 12
Explanation:
hope it heps
Similar questions