S, B and J were partners in a firm. T was admitted as a partner in the partnership firm for 1/5th
profits. Calculate the sacrificing ratio of S, B and J.
Answers
Answer:
Let profit = 1
T's share = 1-1/5 = (5-1)/5 = 4/5
S's New Share = 1/3×4/5 = 4/15
B's New Share = 1/3×4/5 = 4/15
J's New Share = 1/3×4/5 = 4/15
■Sacrifice ratio = Old ratio-New ratio■
Sac. Ratio of S = 1/3-4/15 = (5-4)/15 = 1/15
Sac. Ratio of B = 1/3-4/15 = (5-4)/15 = 1/15
Sac. Ratio of J = 1/3-4/15 = (5-4)/15 = 1/15
Sacrifice ratio = 1/15:1/15:1/15
= 1:1:1 (ANS)
Explanation:
The sacrificing ratio of S, B and J is 1 : 1 : 1.
Given:
S, B and J were partners in a firm. T was admitted as a partner in the partnership firm for 1/5th profits.
To find:
Calculate the sacrificing ratio of S, B and J.
Solution,
Let profit = 1
T's share = 1-1/5 = (5-1)/5 = 4/5
S's New Share = 1/3×4/5 = 4/15
B's New Share = 1/3×4/5 = 4/15
J's New Share = 1/3×4/5 = 4/15
We know that,
Sacrifice ratio = Old ratio - New ratio
So,
Sacrifice Ratio of S = 1/3-4/15 = (5-4)/15 = 1/15
Sacrifice Ratio of B = 1/3-4/15 = (5-4)/15 = 1/15
Sacrifice Ratio of J = 1/3-4/15 = (5-4)/15 = 1/15
Hence,
Sacrifice ratio = 1/15:1/15:1/15 = 1 : 1 : 1
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