Accountancy, asked by eswarcirc4167, 1 year ago

A,B and C are partner sharing profits in 2:2:1ratio admitted D for 1/8 share which he acquired entirely from A. Calculate new profit ratio?

Answers

Answered by shailesh1211
7

here new partner D acquire his share entirely from partner A

hence , we can say that A sarify 1/8 share

and we know that to find new ratio we need to substract sacrifycing ratio from old ratio

so new ratio will be

A = 2/5 - 1/8 = 11/40

B =2/5 × 8/8 = 16 /40

C = 1/5 × 8/8 = 8/40

D = 1/8 × 5/5 = 5/40

so the new ratio will be

A : B : C : D

11 : 16 : 8 :5

NOTE ; we multiply the value of D's share with 5 because we need to keep the denominator same for finding ratio.

Similar questions