X and Y are partners sharing profits and loses in the ratio of 2:1. Th

1.	X and Y are partners sharing profits and loses in the ratio of 2:1. They admit Z into the firm for a fourth, share. Calculate new ratio and sacrificing ratio.
Answer» Old ratio = 2 : 1 New ratio = 2 : 1 : 1 X's sacrifice = \(\frac{2}{3} - \frac{2}{4} = \frac{8 - 6}{12} = \frac{2}{12}\) Y's sacrifice = \(\frac{1}{3} - \frac{1}{4} = \frac{4-3}{12}= \frac{1}{12}\) Sacrificing ratio Of X and Y = \(\frac{2}{12}:\frac{1}{12}= 2:1\) Here old ratio and sacrificing ratio are the same.

X and Y are partners sharing profits and loses in the ratio of 2:1. They admit Z into the firm for a fourth, share. Calculate new ratio and sacrificing ratio.

Answer»

Old ratio = 2 : 1

New ratio = 2 : 1 : 1

X's sacrifice = \(\frac{2}{3} - \frac{2}{4} = \frac{8 - 6}{12} = \frac{2}{12}\)

Y's sacrifice = \(\frac{1}{3} - \frac{1}{4} = \frac{4-3}{12}= \frac{1}{12}\)

Sacrificing ratio Of X and Y = \(\frac{2}{12}:\frac{1}{12}= 2:1\)

Here old ratio and sacrificing ratio are the same.