X, Y, Z are sharing profits in the ratio of 6 : 5 : 3. A is admitted into partnership for 1/8th share. The sacrificing ratio of X, Y and Z is
6 : 5 : 3
The sacrificing ratio is the ratio in which the old partners give up their shares in favour of the incoming partner. When the question does not say how the new partner's share is taken, the old partners are assumed to give it up in their old profit-sharing ratio.
A's share of \( \dfrac{1}{8} \) is contributed in the ratio 6 : 5 : 3: X gives \( \dfrac{1}{8} \times \dfrac{6}{14} = \dfrac{6}{112} \), Y gives \( \dfrac{1}{8} \times \dfrac{5}{14} = \dfrac{5}{112} \) and Z gives \( \dfrac{1}{8} \times \dfrac{3}{14} = \dfrac{3}{112} \). Total \( = \dfrac{14}{112} = \dfrac{1}{8} \).
Sacrificing ratio \( = 6 : 5 : 3 \), the same as the old ratio. The remaining \( \dfrac{7}{8} \) is shared 6 : 5 : 3, so the new ratio of X, Y, Z and A is \( 42 : 35 : 21 : 14 = 6 : 5 : 3 : 2 \).
Hence, 6 : 5 : 3.
A, a partner in a firm, is drawing ₹ 500 regularly on the 16th of every month. He will have to pay interest at the given rate in a year on ₹ 6000 for the total period of
X and Y are partners sharing profits and losses in the ratio of 3 ∶ 2. They admit Z as a new partner with 1/5 share in the profits. Calculate the new profit sharing ratio of the partners.
Ram and Shyam are partners in a firm with capital of ₹ 4,80,000 and ₹ 3,10,000, respectively. They admitted Ganesh as a partner with $\frac{1}{4}$th share of profit. Ganesh brings ₹ 3,00,000 as his capital. Ganesh's share of goodwill will be