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Class 12- Partnership (Sacrificing Ratio).

Dr. Abhijit Bose
02/05/2017 0 0

Lesson Partnership

Sacrificing Ratio

At the time of admission of a Partner, the old partners will sacrifice from their profit sharing ratio. For example , a firm has two partners A and B who were sharing profit equally ( 1:1). They admitted the third partner C. After admission of C they have decided to share profit equally (1:1:1)

Now we can say that in the old firm A and B were sharing profit 1/2 and 1/2

In the new firm partners A, B and C are sharing profit in 1/3, 1/3 and 1/3

Sacrificing ratio is OLD RATIO - NEW RATIO of A and B

Thus in this case sacrificing ratio of A is 1/2-1/3 = 1/6

same method for B 1/2-1/3 = 1/6

The old partners A and B are sacrificing 1/6 and 1/6

As the denominator is same for both, the numerators will be the ratio

Thus sacrificing ratio among A and B is 1:1

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