R and S are partners sharing profit in the ratio of 4:3 .They decided to admit T for 1/8 share .calculate new ratio and the sacrificing ratio
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Explanation:
lets 1-1/8=7/8(remaining share)
new share =old share X remaining share
R's new share = 4/7 X 7/8=28/56=4/8
S's new share = 3/7 X 7/8=21/56=3/8
T's new share =1/8 X 7/7=7/56= 1/8
NEW SHARE =4:3:1
SACRIFICING RATIO =OLD SHARE - NEW SHARE
R's new share =4/7-4/8=4/56
S's new share=3/7-3/8=3/56
SACRIFICING RATIO= 4:3
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