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Question
Ananth and Suman are partners sharing profits and losses in the ratio of 3 : 2. They admit Saran for 1/5 share, which he acquires entirely from Ananth. Find out the new profit sharing ratio and sacrificing ratio.
Solution
Sacrificing Ratio = Old Ratio − New Ratio
Saran's share = `1/5` (Sacrificed by Ananth)
New Profit sharing Ratio of Ananth = Old ratio − Sacrificing Ratio
= `3/5 - 1/5`
= `2/5`
Suman = `2/5 - 0 = 2/5`
Saran = `1/5`
Sacrificing Ratio of Ananth = `1/5`
New Profit sharing Ratio of Ananth : Suman : Saran = 2 : 2 : 1
Sacrificing Ratio = 1 : 0
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