A and B are partners. They admit C for 1/3rd share. In future the ratio between A and B would be 2 : 1. Sacrificing ratio will be
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Answer:
A:B
2:1
Admit C for 1/3rd share
Overall ratio of the firm =1
Remaining share of A&B = 1 - 1/3 = 2/3
A's new share = 2/3×2/3=4/9
B's new share = 2/3×1/3=2/9
C's new share =1/3×3/3=3/9
Sacrificing ratio
A will sacrifice=2/3-4/9=2/9
B will sacrifice=1/3-2/9=1/9
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