A b and c share profit 6. 5.3 D is admitted for 1\8 the share sacrificing ratio of ABC is
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3
Answer:
The sacrificing ratio of A, B and C shall be equal to the existing ratio i.e 6:5:3.
Unless specifically mentioned, the old partners sacrifice in their old profit sharing ratio only.
Sacrifice ratio = Old ratio - New ratio.
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Answered by
9
Answer:
Old ratio (A and B) = 5 : 3
C is admitted for 3/10th share of profit
A's sacrifice in favour of C = 1/5
B's sacrifice in favour of C = 1/10
New ratio = Old ratio - Sacrifcing ratio
A's new ratio = (5/8) - (1/5) = 17/40
B's new ratio = (3/8) - (1/10) = 11/40
C's share = 3/10 or 12/40
Therefore, new profit sharing ratio of A : B : C is 17 : 11 : 12
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