x and y are sharing profits and losses in ratio 4:3.x y and the new ratio is 7:4:3 what will be sacrifice ratio?
Answers
Answer:
2.1
Explanation:
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:
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
hope it is helpful for you..