Question

x and y are partners in a firm the ratio of 3 : 2 they admitted Z from One by fourth share in a profit the new profit sharing ratio between X and Y will be 2: 1 calculate then you sacrificing ratio​

Answer 1

Answer:

X's sacrifice=oldratio - newratio

=3/5 - 2/3

= 9-10/15

= (-1)/15

Y's sacrifice =oldratio- newratio

= 2/5 - 1/3

=6-5/15 = 1/15

therefore ratio is (-1:1)

Explanation:

AS NEGATIVE RATIO IS NOT CONSIDERED THEN ONLY (Y) WILL SACRIFICE IN FAVOUR OF Z AND ONLY (Y) HAS SHARE IN GOODWILL OF THE FIRM.

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