Question

Pawan and Jayshree are partners. Bindu is admitted for `1/4`th share. What is the ratio in which Pawan and Jayshree will sacrifice their share in favour of Bindu?

Answer 1

The problem does not specify the old profit-sharing ratio between Pawan and Jayshree. In the absence of an agreement, it is assumed that the partners share profits equally. Therefore, the old profit-sharing ratio of Pawan and Jayshree is equal.