A & B are partners in a partnership firm and sharing profits in a 4:3. C is admitted as a partner with new ratio 4:3:2. Find out the sacrificing ratio?
Answer & explanation
Correct answer: option 4
The correct answer is option 4- 4:3.
OLD RATIO = 4:3 (A & B)
NEW RATIO = 4:3:2 (A, B & C)
Sacrifice share = Old share -New share
Sacrifice of A = 4/7-4/9
= (36-28)/63
= 8/63
Sacrifice of B = 3/7-3/9
= (27-21)/63
= 6/63
So, sacrificing ratio = 8/63:6/63
= 8:6 or 4:3