Question

Sandeep and Navdeep are partners in a firm sharing profits in 5:3 ratio. They admit C into the firm and the new profit sharing ratio was agreed at 4:2:1. Calculate the sacrificing ratio?

Answer 1

Sandeep : Navdeep Old Radio = 5 : 3 = \(\frac{5}{8}:\frac{3}{8}\)

Sandeep : Navdeep : C New Ratio 

= 4 : 2 : 1 = \(\frac{4}{7}:\frac{2}{7}:\frac{1}{7}\)

Sacrificing Ratio = Old Ratio – New Ratio

Sandeep : Navdeep

Sacrificing = \(\frac{3}{56}: \frac{5}{56}\) 3 : 5.