A , B and C are partners sharing profits in the ratio of 3:2:1. D is a

1.	A , B and C are partners sharing profits in the ratio of 3:2:1. D is admitted for 1/4th share which he acquire 1/8th from A and remaining share equally from B and C. Calculate the new profit sharing ratio.
Answer» Answer: A's OLD share= 2/5 B's old share= 2/5 C's old share= 1/5 D is ADMITTED for 1/6th share. C will retain his ORIGINAL share. Hence, remaining share= 1- [1/6] - [1/5] = 19/30 This remaining share will be SHARED by A and B in their old ratio, i.e, 2:2 A's new share= 2/4 * 19/30 = 38/120 B's new share= 2/4 * 19/30 = 38/120 New Profit sharing ratio= 38:38:24:20 = 19:19:12:10 Sacrificing ratio= old ratio- new ratio A's sacrifice= 2/5- 19/60 = 5/60 B's sacrifice= 2/5- 19/60 = 5/60 Sacrificing ratio= 5:5=

A , B and C are partners sharing profits in the ratio of 3:2:1. D is admitted for 1/4th share which he acquire 1/8th from A and remaining share equally from B and C. Calculate the new profit sharing ratio.

Answer»

Answer:

A's OLD share= 2/5

B's old share= 2/5

C's old share= 1/5

D is ADMITTED for 1/6th share. C will retain his ORIGINAL share.

Hence, remaining share= 1- [1/6] - [1/5]

= 19/30

This remaining share will be SHARED by A and B in their old ratio, i.e, 2:2

A's new share= 2/4 * 19/30

= 38/120

B's new share= 2/4 * 19/30

= 38/120

New Profit sharing ratio= 38:38:24:20

= 19:19:12:10

Sacrificing ratio= old ratio- new ratio

A's sacrifice= 2/5- 19/60

= 5/60

B's sacrifice= 2/5- 19/60

= 5/60

Sacrificing ratio= 5:5=

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