P & Q are partners sharing profits and losses in the ratio of 4:3. They decided to admit R for one-sixth share in profit. Calculate their new PSR. Also calculate Sacrifice Ratio
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Answer:
Explanation:
let the total work be 1
r admit for 1/6 share
remaing 1-1/6=5/6
p new ratio will 5/6*4/7=20/42
q new ratio will 5/6*3/7=15/42
r new share will 1/6 multiply by 7 numerator and deminometer =7/42
p:q:r =20:15:7
sr ratio old-new
p 4/7-20/42 =4/42
q 3/7-15/42 = 3/42
4:3 is sacrifice ratio
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