Question

X and Y are sharing profit in the ratio of 4:3. Z joins and new ratio among X,Y and Z is 7:4:3.What will the sacrifice ratio...​

Answer 1

Explanation:

Old ratio (X and Y) = 4 : 3

Z admit for 3/7 share of profit

X sacrifice in favour of Z = 2/7

Y sacrifice in favour of Z = 1/7

New ratio = Old ratio - sacrificing ratiio

X's new ratio = (4/7) - (2/7) = 2/7

Y's new ratio = (3/7) - (1/7) = 2/7

C's share = 3/7

Therefore, new profit sharing ratio of X, Y and Z is 2 : 2 : 3

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