A and B are partners sharing profits in the ratio of 3:2. They admit C with 1/8 share in the profits. The new profit sharing ratio between Aand B is 4:3. The new profit sharing ratio and sacrificing ratio will be:
NR 4:3:1, SR 4:1
New Ratio between A& B is 4:3
And they have admitted C for 1/8 share
So, New Ratio = 4:3:1
Sacrificing Ratio(SR) = old share-new share
Share Sacrificed by A = 3/5-4/8=4/40
Share Sacrificed by B = 2/5-3/8=1/40
Sacrificing Ration of A&B = 4:1