Anil and Bimal are partners. They admit Raman as a partner for 1/4 share

18 :- Anil and Bimal are partners. They admit Raman as a partner for 1/4 share
You are required to determine
(a) Profit sharing ratio between Anil and Bimal before Raman’s admission as a partner.
(b) Profit sharing ratio after Raman’s admission
(c) Sacrificing ratio

Solution :-

(a)Profit sharing ratio between Anil and Bimal before Raman’s admission must be 1:1

(b) New profit sharing ratio
Let profit share of the firm be 1
Raman admitted for 1/4 share
Remaining share for Anil and Bimal is 3/4
Anil = 3/4 x 1/2 = 3/8
Bimal = 3/4 x 1/2 = 3/8
Raman = 1/4 x 2/2 = 2/8
New profit sharing ratio of Anil, Bimal and Raman is 3:3:2