rajesh and balu are partners in a firm sharing profits in the ratio of 4:3.they admitted abijith as a new partner.the profit sharing ratio of rajesh ,balu,and abijith will be 2:3:1.calculate the gain or sacrifice of old partners.
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➳old ratio of partners= 4:3
➳New ratio of partners=2:3:1
- To calculate Sacrificing ratio:-
sacrificing ratio=0ld ratio-New ratio
➳Sacrificing ratio of Rajesh:-
➳Sacrificing ratio of Balu:-
ie,the sacrificing ratio of old partners is
Thus, from this we understood there is a gain to Rajesh.
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