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Answers
→ Hey User,
→ Given Question :-
A , B and c were partners in a firm sharing profits in 3: 3: 2 ratio. They
admitted D as a new partner for 4 / 7 profit . D accquired his share
2/7 from A . 1/7 from B and 1 / 7 from .
→ To find?
→ calculate the new profit sharing ratio ?
→ solution:-
→ Old Ratio = A : B : C 3 : 3 : 2
→ D admitted for 4 / 7 share of profit in the new firm.
→ D's share = A's sacrifice + B's sacrifice + C's sacrifice
→ 4 /7 = 2 /7 + 1 /7 + 1/7
→ New Ratio = old Ratio - Sacrificing ratio
→ A = 3 / 8 - 2 /7
→ 21 - 16 / 56
→ 5 / 56
→ B = 3 / 8 -1 / 7
→ 21 - 8 / 56
→ 13 / 56
→ c = 2 / 8 -1 / 7
→ 14 - 8 / 56
→ 6 / 56
→ New Ratio :-
→ 5 / 56 : 13 / 56 : 6/56 : 4/7
→ 5 : 13 : 6: 32 / 56
→ 5 : 13 : 6 : 32
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