Define Sacrificing Ratio. unless given other wise, what will be the ratio of sacrifice of the old partners in the case of admission of a new partner?

The ratio in which the old (existing) partners sacrifice their share in profits in favour of an incoming partner is called the Sacrificing Ratio.

Sacrificing Ratio = Old Ratio – New Ratio

Unless agreed otherwise, it is presumed that old partners sacrifice their share of profit in favour of new partner in their profit sharing ratio.