A and B are partners in a firm sharing profits in the ratio of 2 : 1. They admit C as a new partner for 1/5 share. New Ratio of A and B will be 1 : 2. Sacrificing ratio will be:

- a)Sacrificing ratio 1 : 1
- b)Sacrificing ratio 2 : 1
- c)A’s Sacrifice 6/15 and B’s Gain 3/15
- d)Sacrificing ratio 3 : 5

Correct answer is 'C'. Can you explain this answer?

5 Answers

Rishita Jain
answered
Jan 06, 2020

If we have already new ratio then why we have to find old plzz explain

Svareen
answered
3 weeks ago

Calculation of sacrificing ratio of partners:

Old Ratio = 2:1

New Ratio of A and B = 1:2

New Ratio of A, B and C will be : 1 – 1/5 = 4/5

A’s new share = 1/3 × 4/5 = 4/15

B’s new share = 2/3 × 4/5 = 8/15

C’s Share 1/5 OR 3/15

New Ratio 4 : 8: 3

Sacrificing Ratio = A : 2/3 – 4/15= 6/15

B : 1/3 – 8/15 = 3/15 Gain

Old Ratio = 2:1

New Ratio of A and B = 1:2

New Ratio of A, B and C will be : 1 – 1/5 = 4/5

A’s new share = 1/3 × 4/5 = 4/15

B’s new share = 2/3 × 4/5 = 8/15

C’s Share 1/5 OR 3/15

New Ratio 4 : 8: 3

Sacrificing Ratio = A : 2/3 – 4/15= 6/15

B : 1/3 – 8/15 = 3/15 Gain

Swarnim Sharma
answered
Jun 19, 2018

Old profit sharing ratio=2:1 c's share=1/5 New ratio of A and B=1:2 let total profit be 1. Remained profit after c's share=1-1/5=4/5. 4/5 profit will be shared by A and B in their new ratio of 1:2 A's new share=1/3^4/5=4/15. B's new share=2/3^4/5=8/15. A's sacrificing share=old share -new share 2/3-4/15=6/15. B's sacrificing share=1/3-8/15=-3/15(gain). Hence,A will have to sacrifice while B have to gain. Therefore answer for this question will be 'C'.

Manik Sodhi
answered
Jun 19, 2018

Old ratio 2:1 c's share1/5 remaining share1-1/5=4/5 new ratio between a and b 1:2 a's new share1/3×4/5=4/15 b's new share 2/3×4/5=8/15 share sacriced by a =2/3-4/15=6/15 sacrifice by b=1/3-8/15=-3/5=gain3/5

This discussion on A and B are partners in a firm sharing profits in the ratio of 2 : 1. They admit C as a new partner for 1/5 share. New Ratio of A and B will be 1 : 2. Sacrificing ratio will be:a)Sacrificing ratio 1 : 1b)Sacrificing ratio 2 : 1c)A’s Sacrifice 6/15 and B’s Gain 3/15d)Sacrificing ratio 3 : 5Correct answer is 'C'. Can you explain this answer? is done on EduRev Study Group by Commerce Students. The Questions and
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A and B are partners in a firm sharing profits in the ratio of 2 : 1. They admit C as a new partner for 1/5 share. New Ratio of A and B will be 1 : 2. Sacrificing ratio will be:a)Sacrificing ratio 1 : 1b)Sacrificing ratio 2 : 1c)A’s Sacrifice 6/15 and B’s Gain 3/15d)Sacrificing ratio 3 : 5Correct answer is 'C'. Can you explain this answer? over here on EduRev! Apart from being the largest Commerce community, EduRev has the largest solved
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