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ILLUSTRATION 8.
A and B are partners in a firm sharing profits in the ratio of 7:3. C is admitted as
a new partner. A sacrifices 2/7th of his share in profits in favour of C and B 1/7th of his
share in favour of C. Calculate the new profit sharing ratio between A, B and C.
Answers
it is very easy ...sister
just follow my steps
Old ratio (A and B) = 7 : 3
Sacrifice ratio of A = (7/10) * (1/7) = 1/10
Sacrifice ratio of B = (3/10) * (1/3) = 1/10
New ratio = Old ratio - Sacrificing ratio
A's new ratio = (7/10) - (1/10) = 6/10
B's new ratio = (3/10) - (1/10) =2/10
C's share = A's sacrifice + B's sacrifice
= (1/10) + (1/10) = (2/10)
New profit sharing ratio = 6 : 2 : 2 or 3 : 1 : 1
hope it help youu sister...
Explanation:
Explanation:
Old ratio (A and B) = 7 : 3
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10Sacrifice ratio of B = (3/10) * (1/3) = 1/10
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10Sacrifice ratio of B = (3/10) * (1/3) = 1/10 New ratio = Old ratio - Sacrificing ratio
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10Sacrifice ratio of B = (3/10) * (1/3) = 1/10 New ratio = Old ratio - Sacrificing ratioA's new ratio = (7/10) - (1/10) = 6/10
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10Sacrifice ratio of B = (3/10) * (1/3) = 1/10 New ratio = Old ratio - Sacrificing ratioA's new ratio = (7/10) - (1/10) = 6/10B's new ratio = (3/10) - (1/10) =2/10
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10Sacrifice ratio of B = (3/10) * (1/3) = 1/10 New ratio = Old ratio - Sacrificing ratioA's new ratio = (7/10) - (1/10) = 6/10B's new ratio = (3/10) - (1/10) =2/10C's share = A's sacrifice + B's sacrifice
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10Sacrifice ratio of B = (3/10) * (1/3) = 1/10 New ratio = Old ratio - Sacrificing ratioA's new ratio = (7/10) - (1/10) = 6/10B's new ratio = (3/10) - (1/10) =2/10C's share = A's sacrifice + B's sacrifice = (1/10) + (1/10) = (2/10)
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10Sacrifice ratio of B = (3/10) * (1/3) = 1/10 New ratio = Old ratio - Sacrificing ratioA's new ratio = (7/10) - (1/10) = 6/10B's new ratio = (3/10) - (1/10) =2/10C's share = A's sacrifice + B's sacrifice = (1/10) + (1/10) = (2/10)New profit sharing ratio = 6 : 2 : 2 or 3 : 1 : 1
Old ratio (A and B) = 7 : 3Sacrifice ratio of A = (7/10) * (1/7) = 1/10Sacrifice ratio of B = (3/10) * (1/3) = 1/10 New ratio = Old ratio - Sacrificing ratioA's new ratio = (7/10) - (1/10) = 6/10B's new ratio = (3/10) - (1/10) =2/10C's share = A's sacrifice + B's sacrifice = (1/10) + (1/10) = (2/10)New profit sharing ratio = 6 : 2 : 2 or 3 : 1 : 1Sacrificing ratio of A and B = 1 : 1