1.

P, Q and R were partners sharing profits and losses in ratio of 4 : 3 : 1. The partners agree to sharefuture profits in ratio of 5 : 4 : 3. Calculate each partner’s sacrifice or gain due to change in ratio​

Answer»

ANSWER:

sacrifice or GAIN

old RATIO - NEW ratio

P = 4/8-5/12

= 48-40/96

= 8/96

= 1/12(sacrifice)

Q = 3/8-4/12

= 36-32/96

= 4/96= 1/24 (sacrifice)

R= 1/8-3/12

= 12-24/96

= -12/96

=-1/8(gain)

p & Q sacrifice 1/12:1/24

=. 2:1 sacrifice ratio

R gain 1/8



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