X and Y are partners sharing profits and losses in the of 3 : 2. They admit Z into partnership. X gives 1/3rd of his share while Y gives 1/10th from his share to Z. Calculate new profit-sharing ratio and sacrificing ratio.
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(When one of the Old Partners Gifts his Share). A and B are Partners sharing profits in the ration of which half share was gifted by A and the remaini
`{:(,,A,B),((i),"Their old share",5//8,3//8),((ii),"Share gifted by A",3//10xx1//2=3//20,...),((iii),"Share acquired by C ,3//20xx1//2=3//40,3//20xx1//2=3//40):}` New share of A =Old share-Share gifted -Share acquired by C `=(5)/(8)-(3)/(20)-(3)/(40)=(25-6-3)/(40)=(16)/(40)` New share of `B=(3)/(8)-(3)/(40)=(15-3)/(40)=(12)/(40)` Thus, New Prfit-sharing Ration...
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