Question

P, Q and R were partners sharing profits and losses in ratio of 4 : 3 : 1. The partners agree to share

future profits in ratio of 5 : 4 : 3. Calculate each partner’s sacrifice or gain due to change in ratio​

Answer 1

Answer:

sacrifice or gain

old ratio - new ratio

P = 4/8-5/12

= 48-40/96

= 8/96

= 1/12(sacrifice)

Q = 3/8-4/12

= 36-32/96

= 4/96= 1/24 (sacrifice)

R= 1/8-3/12

= 12-24/96

= -12/96

=-1/8(gain)

p & Q sacrifice 1/12:1/24

=. 2:1 sacrifice ratio

R gain 1/8