Saved Bookmarks
| 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 |
|