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Ambika, Dharani and Padma are partners in a firm sharing profits in the ratio of 5:3:2. They admit Ramya for 25% profit. Calculate the new profit sharing ratio and sacrificing ratio. |
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Answer» Ramya share = 25% = 100% – 25% = 75% = 3/4 Ambika’s share = 5/10 x 3/4 = 15/10 Dharani’s share = 3/10 x 4/3 = 9/40 Padma’s share = 2/10 x 3/4 = 6/40 Mercy’s share New Profit Sharing Ratio Sacrificing Ratio = Old share – New share Ambika’s share = 5/10 – 15/40 = (20 - 15)/40 = 5/40 Dharani’s share = 3/10 - 9/10 = (12 - 9)/10 = 3/40 Padma’s share = 2/10 – 6/40 = (8 - 6)/40 = 2/40 Sacrificing Ratio = 5 : 3 : 2 |
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