X and Y are partners sharing profit and losses in the ratio of 5:3.they admit Z for 1/4 share in profit and agree to share between them in the ratio of 2:1 in future.calvulate the sacrificing ratio.( this question is from admission of a new partner)
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as a partner. X's sacrifice= 3/5 * 1/3. = 3/15. Y's sacrifice= 1/10. Therefore, Z's share= 3/15 + 1/10. = 9/30. X's new ...
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X's old share = 3/5Y's old share = 2/5Z is admitted as a partner.X's sacrifice = 3/5 * 1/3 = 3/15Y's sacrifice = 1/10Therefore, Z's share = 3/15 ... More
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