Anil and vishal are partners sharing in the ratio 3:2. they admitted Sunil as new partner for 1÷5 share in the future profit of the firm, calculate new ratio and sacrificing ratio
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Answer:
Sumit’s share =
1
5
Remaining share =
1
1
5
− =
4
5
Anil’s new share =
3
5
of 4
5
=
12
25
Vishal’s new share =
2
5
of 4
5
=
8
25
New profit sharing ratio of Anil, Vishal and Sumit will be 12:8:5.
Note: It has been assumed that the new partner acquired his share from old partners in
old ratio.
Hope it's helpful dear
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