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Rakesh and Suresh are sharing profits in the ratio of 4 : 3. Zaheer joins and the new ratio among Rakesh, Suresh and Zaheer is 7 : 4 : 3. Find out the sacrificing ratio. - Accountancy

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Question

Rakesh and Suresh are sharing profits in the ratio of 4 : 3. Zaheer joins and the new ratio among Rakesh, Suresh and Zaheer is 7 : 4 : 3. Find out the sacrificing ratio.

Sum
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Solution

Old Ratio = Rakesh : Suresh = 4 : 3

New Ratio = Rakesh : Suresh : Zaheer = 7 : 4 : 3.

Sacrificing Ratio = Old Ratio − Sacrificing Ratio

Rakesh's = `4/7 - 7/14 = 1/14`

Suresh's = `3/7 - 4/14 = 2/14`

Sacrificing Ratio = Rakesh : Suresh = `1/14 : 2/14 = 1 : 2`

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Retirement and Death of a Partner - Sacrificing Ratio
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Chapter 5: Admission of a Partner - Exercises [Page 86]

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TS Grewal Accountancy - Double Entry Book Keeping Volume 1 [English] Class 12
Chapter 5 Admission of a Partner
Exercises | Q 11 | Page 86
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