1.

Ananth and Suman are partners sharing profits and losses in the ratio of 3 : 2. They admit Saran for 1/5 share, which he acquires entirely from Ananth. Find out the new profit sharing ratio and sacrificing ratio.

Answer»

New Profit Sharing Ratio: 

Ananth = 3/5 – 1/5 = 2/5

Suman = 2/5 

= Ananth = 1/5 

= New Profit sharing Ratio = 2 : 2 : 1 

Sacrificing Ratio = 1 : 0



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