Lata and Asha were partners having equal profit sharing ratios. This ratio has been changed
to 3:2. Calculate the sacrificing and gaining ratio of partners
a)1/10 b)2/10 c)3/10 d)None of these
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None Of These option D) .
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Answer:
(a).1/10
Explanation:
first we have calculated new share of lata and Asha
old ratio =1: 1
new ratio= 3:2
Sacrificing ratio=old -new
Lata= 1/2-3/5= -1/10
Asha=1/2-2/5= 1/10
gaining ratio =1/10
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