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Raja and Ravi are partners, sharing profits in the ratio of 3 : 2. They admit Ram for 1/4 share of the profit. He takes 1/20 share from Raja and 4/20 from Ravi. Calculate the new profit sharing ratio and sacrificing ratio. |
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Answer» New Profit Sharing Ratio = Old Ratio - Sacrificing Ratio Raja = 3/5 - 1/20 = (12 - 1)/20 = 11/20 Ravi = 2/5 - 4/20 = (8 - 4)/20 = 4/20 Ram = 1/20 + 4/20 = 5/20 New Profit sharing Ratio = 11 : 4 : 5 Scrificing Ratio = 1/20 : 4/20 |
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