Question

A and B were partners in a firm sharing profits in the ratio of 5:3. They admitted C and D
as new partne Rs. A surrendered 1/2 of his share in favour of C and B surrendered 1/2 of his
share in favour of D. Calculate the new profit-sharing ratio of A, B, C and D.​

Answer 1

Answer:

Old ratio (A : B) = 7 : 3

Sacrificing ratio = Old ratio * suurender share

A's sacrificing ratio = (7/10) * (1/7) = 1/10

B's sacrificing ratio = (3/10) * (1/3) = 1/10

New share = Old share - sacrificing ratio

A's new share = (7/10) - (1/10) = (6/10)

B's new share = (3/10) - (1/10) = (2/10)

C's share = Sacrificing ratio of A and B

C's share = (1/10) + (1/10) = (2/10)

Therfore, new profit sharing ratio of A : B : C = 6 : 2 : 2

Answer 2

Answer:

new profit sharing ratio of 6:2:2

Explanation:

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