Anil and sunil are the partners in firm sharing profit and losses in the ratio of 3:2 they admit Ashok as a new partner for 1÷4th share. The new profit sharing ratio between Anil and sunil will be 2:1 calculate the sacrifice ratio
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Answer:
anil's sacrifice=1/10and sunil's sacrifice=3/20
Explanation:
old ratio=2:1
ashok's share=1/4
new ratio between anil and sunil=2:1
total share of profit=1
remaining share of profit= 1-1/4=3/4
anil's share=2/3×3/4=1/2
sunil's share=1/3×3/4=1/4
anil's sacrifice=3/5-1/2=1/10
sunil's sacrifice=2/5-1/4=3/20
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