Question

Veena and Soma are partners in a firm. They admit Sara on 1st April, 2020, for 1 4 ⁄ share in the profits of the firm. Sara acquired her share as 1 12 ⁄ from Veena and the remaining from Soma. The sacrificing ratio of the old partners will be:

Answer 1

Answer:

Veena and Soma are partners in a firm. They admit Sara on 1st April, 2020, for 1

4

⁄ share in

the profits of the firm. Sara acquired her share as 1

12 ⁄ from Veena and the remaining from

Soma.

Answer 2

Concept:

The difference between the previous ratio and the new ratio of the original partners is the sacrifice ratio. To put it another way, the term "sacrificing ratio" simply refers to the ratio in which the previous partners in a partnership business give up their portion of the profits in favor of the new partner. Ratio of Sacrifice = Old Ratio – New Ratio.

Given:

Veena and soma old ratio is assumed to be 1:1 since deed is silent about their ratios. Veena sacrificed 1/12. Sara got 1/4 share of profit.

Find:

Sacrificing ratio between old partners.

Solution:

Old ratio = 1/2:1/2

In the total 1/4 share of Sara, 1/12 is sacrificed by Veena and Soma sacrifice = 1/4-1/12 = 1/6

Sacrificing ratio = 1:2

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