جمع
Ravi and Kiran
are partners
Sharing profit and losses in
the ratio of 5:3 they admit
Uday into partnership. All the
partners
agree to share profit
and losses equally. Calculate
the sacrifice ratio of Ravi
&
kiran.
Answers
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Answer:7:
Explanation:
Answered by
1
Conclusion
What is Sacrifice Ratio?
The sacrifice ratio is defined as the proportion of profits surrendered by existing partners in favor of newly admitted partners. The share thus sacrificed is usually given to new partners by some or all of the existing partners.
Main content
Old ratio of Ravi and Kiran is 5:3
New ratio of Ravi, Kiran and Uday
Sacrifice Ratio = Old ratio - New ratio
Sacrifice Ratio of Ravi and Kiran is 2:4 = 1:2
Hence, Ravi will sacrifice of his share
and, Kiran will sacrifice of this share
To learn more about Sacrifice Ratio
https://brainly.in/question/7034601
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