kejari and Rahul are partners in a firm sharing profits in the ratio of 6:4 .Lalu was admitted in the partnership . Kejari surrendered 1/6th of his share and rahul 1/4th of his share on favour of Lalu . Calculate new & sacrificing ratio.
Answers
Given data:
- Kejari and Rahul are partners in a firm, sharing profits and losses in the ratio 6:4.
- Lalu is admitted into the firm.
- Kejari surrenders 1/6th of his share and Rahul surrenders 1/4th of his share for Lalu.
To find: The new profit-sharing ratio and the sacrificing ratio.
Answer:
- Kejari's old share = 6/10
- Rahul's old share = 4/10
- Lalu's share = Sacrifice from Kejari + Sacrifice from Rahul
From Kejari, Lalu gets:
- 6/10 × 1/6 = 6/60
From Rahul, Lalu gets:
- 4/10 × 1/4 = 4/40
Calculation of the new profit-sharing ratio:
New ratio = Old ratio - Ratio surrendered
For Kejari:
- New ratio = 6/10 - 6/60 = (36 - 6)/60 = 30/60, or 1200/2400
For Rahul:
- New ratio = 4/10 - 4/40 = (16 - 4)/40 = 12/40, or 720/2400
For Lalu:
- New ratio = 6/60 + 4/40 = (240 + 240)/2400 = 480/2400
Calculation of the sacrificing ratio:
Sacrificing ratio = Old ratio - New ratio
For Kejari:
- Sacrificing ratio = 6/10 - 1200/2400 = (1440 - 1200)/2400 = 240/2400
For Rahul:
- Sacrificing ratio = 4/10 - 720/2400 = (960 - 720)/2400 = 240/2400
Therefore, the new profit-sharing ratio is 1200:720:480 or 5:3:2 and the sacrificing ratio is 240:240 or 1:1.
Explanation:
★ Old Ratio :
kejari : Rahul = 6 : 4
- kejari's Share = 6/10
- Rahul's Share = 4/10
Lalu was admitted in the partnership.
• Kejari surrendered 1/6th of his share :
⇒ 6/10 × 1/6 = 6/60
• Rahul surrendered 1/4th of his share :
⇒ 4/10 × 1/4 = 4/40
★ New Profit Sharing Ratio :
• kejari's New Share =
⇒ 6/10 - 6/60 = (36 - 6)/60
⇒ 30/60
• Rahul's New Share =
⇒ 4/10 - 4/40 = (16 - 4)/60
⇒ 12/40
• Lalu's Share =
⇒ 6/60 + 4/40 = (12 + 12)/120
⇒ 24/120
New Profit Sharing Ratio =
- kejari : Rahul : Lalu
- 30/60 : 12/40 : 24/120
- 60/120 : 36/120 : 24/120
⇒ 60 : 36 : 24 = 5 : 3 : 2
★ Sacrifice Ratio :
Sacrifice Ratio = Old Ratio - New Ratio
• kejari's Sacrifice =
⇒ 6/10 - 5/10 = 1/10
• Rahul's Sacrifice =
⇒ 4/10 - 3/10 = 1/10
Sacrifice Ratio =
- kejari : Rahul
- 1/10 : 1/10
⇒ 1 : 1
Therefore, New Profit Sharing Ratio= kejari : Rahul : Lalu = 5 : 3 : 2
Sacrifice Ratio =
kejari : Rahul = 1 : 1