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A and B are partners sharing …

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A and B are partners sharing profit and loss ratio in 5 :4, C is admitted for 1/5th share. A and B decide to share equally in future. What is the sacrificing ratio?

    • Posted by Prachi Maithil 4 years, 1 month ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Jaibir Singh 4 years, 1 month ago

    1:1

    0Thank You

    Gaurav Seth 4 years, 1 month ago

    To Calculation of new profit sharing ratio:

    A's new ratio= old ratio-sacrifice

                        = 5/10-1/5

                        = 3/10

    B's ratio= 4/10

    C's new ratio= 1/10+1/5

                         = 3/10

    New ratio= 3:4:3

    Sacrificing ratio:

    A's sacrifice= 1/5

    C's gain= 1/5

     

     

    The new profit sharing ratio= 1:1:1

    Calculation of sacrificing ratio:

    A's sacrifice = 5/10-1/3

                      = 5/30

    B's sacrifice= 4/10-1/3

                       = 2/30

    Sacrificing ratio= 5:2

    C's gain= 7/30

    0Thank You

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