Question

X and Y are partners sharing profits and losses in the ratio of 3: 2. They admit Z into the partnership, who acquires 1/4th of his share from X and 3/16 share from Y. You are required to calculate the new profit-sharing ratio and sacrificing ratio.​

Answer 1

Answer:

X's old share= 3/5

Y's old share= 2/5

Z is admitted 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 share= 3/5- 3/15

= 6/15

Y's new share= 2/5- 1/10

= 3/10

New profit sharing ratio= 4:3:3

Sacrificing ratio= 2:1

Answer 2

Answer:

2:1 is the right Answer Hope you got it thank you