Question

A, B and C are partners sharing profits in the ratio of 2:2:1. D is admitted as a new partner for 1/6th share. C will retain his original share. Calculate the new profit-sharing ratio and sacrificing ratio.

Answer 1

Calculation of New sharing 

A:B:C = 2:2 1 (Old Ratio)

D is admitted for 1/6 the share while C will continue to rerain his original share (1/5)

This reaming share will be shared by A and B in the Ratio of 2:2 ( old ratio)*

*Since nothing is mentioned about the sacrifice made by the existing prartners,  It is assumed that A and B sacrifice in their old Ratio,

Calculation of sacrificing Ratio

Comments

How did you get 24 and 20