X & Y are partners sharing profit in the ratio of 3: 2. Z is admitted as a new partner with 1/5th share. What shall be the sacrificing ratio ?
4:5
2:3
3:2
1:5
Old ratio i.e. 3:2 shall be sacrificing ratio.
X & Y are partners sharing profit in the ratio of 3: 2. Z is admitted as a new partner with 1/5th share which is acquired 1/8th from X & 1/24th from Y. What shall be the sacrificing ratio ?
X & Y are partners sharing profit in the ratio of 5:3. Z is admitted as a new partner. X surrendered 1/5th of his share & Y surrendered 1/3rd of his share in favor of Z. What shall be the sacrificing ratio ?