A,B and C are partners sharing profits in the ratio of 5:3:2. They admit D into partnership. The new profit sharing ratio of partners is 3:2:2:3. Calculate the sacrificing ratio.
Sacrifice Ratio =Old Ratio - New Ratio
Therefore, Sacrifice made by A=510−310=210
Sacrifice made by B=310−210=110
Sacrifice made by C=210−210=0
As C has not sacrificed any share of profit,
therefore sacrifice ratio of A and B=210:110 or 2:1.