Question

avtar, sahil and satvir are partners sharing profits and losses in the ratio 9:6:5. Vijay is admitted as a partner for 1/4 share in future profits and losses. Sahil sacrifices 1/10 from his share in favour of Vijay and the rest sacrifice was made by Avtar and Satvir in ratio 2:1. Calculate new profit sharing ratio and sacrificing ratio.

Answer 1

Answer:

avtar,sahil and satvir are partners sharing profits and losses in the ratio of 9:6:5.vijay is admitted as a partner for 1/4th share in future profits and losses. sahil sacrifices 1/10th from his share in favour of vijay and rest of the sacrifice was made by avtar and satvir in the ratio of 2:1. calculate new profit-sharing ratio and sacrificing ratio.