balaji and kamalesh are partners sharing profit and losses in the ratio of 2:1 they admit yogesh into the partnership.the new profit sharing ratio balaji , kamalesh and yogesh is agreed to 3:1:1 find the sacrificing ratio between balaji and kamalesh.
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Explanation:
Old Ratio :
Balaji : Kamalesh = 2 : 1
- Balaji = 2/3
- Kamalesh = 1/3
They admit Yogesh into the partnership.the new profit sharing ratio balaji , kamalesh and yogesh is agreed to 3:1:1
New Ratio =
Balaji : Kamalesh : Yogesh = 3 : 1 : 1
- Balaji = 3/5
- Kamalesh = 1/5
- Yogesh = 1/5
Sacrificing Ratio = Old Ratio - New Ratio
• Balaji =
= 2/3 - 3/5 = (10-9)/15
= 1/15
• Kamalesh =
= 1/3 - 1/5 = (5-3)/15
= 2/15
Sacrificing Ratio =
- Balaji : Kamalesh
- 1/15 : 2/15
- 1 : 2
Hence, the Sacrificing Ratio between Balaji and Kamalesh = 1 : 2
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