Question

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

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Answer 1

Answer:

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.

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