Question

Deepa, Neeru and Shilpa are partners in a firm sharing profits in the ratio of 5:3:2. Neeru retires from the firm. Deepa and Shilpha decided to share the profit in the ratio of 2:3. Calculate gaining/ sacrificing ratio of partners,​

Answer 1

Explanation:

Solution :

★ Old Ratio :

Deepa : Neeru : Shilpa = 5:3:2

• Deepa's share = 5/10
• Neeru's share = 3/10
• Shilpa's share = 2/10

Neeru retires from the firm.

Deepa and Shilpa decided to share the profit in the ratio of 2:3.

★ New profit sharing ratio :

Deepa : Shilpa = 2:3

• Deepa's share = 2/5
• Shilpa's share = 3/5

★ Gaining /Sacrificing ratio :

Sacrificing ratio = Old ratio - New ratio

• Deepa =

= 5/10 - 2/5

= (5 - 4)/10

= 1/10 ---------- (Sacrifice)

• Shilpa =

= 2/10 - 3/5

= (2 - 6)/10

= −4/10 ---------- (Gain)

Therefore,

Deepa's Sacrifice = 1/10

Shilpa's Gain = 4/10

Answer 2

Explanation:

gaining/ sacrificing ratio of partners :

gaining ratio = new ratio - old ratio

Deepa= 2/5 - 5/10

4/10 - 5/10

= -1/10 (sacrifice)

Shilpa =3/5 - 2/10

6/10 - 2/10

= 4/10 (gain)