Question

A and B are two partners sharing profits in the ratio 3:2. C is admitted as a partner on the condition that B and C will share profits in ratio 4:5. Calculate New profit sharing ratio of A , B and C

Answer 1

Answer:

A's old share= 3/5

A's old share= 3/5B's old share= 2/5

A's old share= 3/5B's old share= 2/5C is admitted as a partner

A's old share= 3/5B's old share= 2/5C is admitted as a partnerNew Ratio among partners is 4:3:2

A's old share= 3/5B's old share= 2/5C is admitted as a partnerNew Ratio among partners is 4:3:2Sacrificing ratio= old ratio- new ratio

A's old share= 3/5B's old share= 2/5C is admitted as a partnerNew Ratio among partners is 4:3:2Sacrificing ratio= old ratio- new ratioA's sacrifice= 3/5- 4/9

A's old share= 3/5B's old share= 2/5C is admitted as a partnerNew Ratio among partners is 4:3:2Sacrificing ratio= old ratio- new ratioA's sacrifice= 3/5- 4/9 = 7/45

A's old share= 3/5B's old share= 2/5C is admitted as a partnerNew Ratio among partners is 4:3:2Sacrificing ratio= old ratio- new ratioA's sacrifice= 3/5- 4/9 = 7/45B's sacrifice= 2/5- 3/9

A's old share= 3/5B's old share= 2/5C is admitted as a partnerNew Ratio among partners is 4:3:2Sacrificing ratio= old ratio- new ratioA's sacrifice= 3/5- 4/9 = 7/45B's sacrifice= 2/5- 3/9 = 3/45

A's old share= 3/5B's old share= 2/5C is admitted as a partnerNew Ratio among partners is 4:3:2Sacrificing ratio= old ratio- new ratioA's sacrifice= 3/5- 4/9 = 7/45B's sacrifice= 2/5- 3/9 = 3/45Sacrificing ratio= 7:3