A and B share profits in the ratio of 2 : 1. C is admitted with 1/4 share in profits. C acquires 3/4 of his share from A and 1/4 of his share from B. The new ratio will be |
02:01:01 23:13:12 03:01:01 13:23:12 |
23:13:12 |
Sacrifice of A=3/4*1/4=3/16 Sacrifice of B=1/4*1/4=1/16 New Share of A=2/3-3/16=23/48 New Share of B= 1/3-1/16=13/48 C share=12/48 NPR=23:13:12 |