New Profit Sharing Ratio

Q. X and Y are partners sharing profits in the ratio of 3:2. Z admitted as a new partner with 1/5th share. The new profit sharing ratio will be .

1. 12:5:8
2. 12:7:5
3. 5:8:12
4. 12:8:5

Q.

What is sacrificing ratio? Why is it calculated?

Q.

A and B are partners sharing profits in the ratio of 3:2. C is admitted into the firm for 1/5th share in the profit which he acquires equally from A and B. The new profit sharing ratio will be:

1. 6:2:2

2. 5:3:2

3. 4:4:2

4. 3:5:2

Q. = Old ratio - New ratio

1. Sacrificing ratio
2. Gaining ratio
3. New profit ratio
4. Capital ratio

Q.

A and B are partners sharing profits and losses in the ratio of 3:2. They admit C into the partnership for one-fourth share of the profits while A and B as between themselves sharing profits and losses equally. The new profit sharing ratio (NR) between A, B and C will be:

1. NR 3:3:2

2. NR 4:2:2

3. NR 3:3:2

4. None of these

Q.

Write a note on guarantee of profit to a partner.

Q.

A and B are partners sharing profits in the ratio of 5:3. They admit C and the new profit sharing ratio is agreed at 4:2:1.The sacrificing ratio will be:

1. 3:5

2. 2:1

3. 1:1

4. 5:3

Q.

___________ is the ratio in which the old or existing partners forego their share of profit in favour of the new or incoming partner.

1. Sacrificing Ratio

2. New Ratio

3. Old Ratio

4. Gaining Ratio

Q.

X and Y are partners sharing profits in 5:3 ratio admitted Z for 1/10 share which he acquired equally for X and Y. Calculate new profit sharing ratio?

Q. When a new partner acquires his share of profit from an old partner, the profit sharing ratio becomes necessary to calculate.

1. old
2. new
3. sacrifice
4. gaining

Q.

X & Y are partners sharing profit in the ratio of 3: 2. Z is admitted as a new partner with 1/5th share which is acquired 1/8th from X & 1/24th from Y. What shall be the sacrificing ratio ?

1. 4:5

2. 2:3

3. 3:2

4. 3:1

Q. N and S are partners in a firm sharing profits in the ratio of 4 : 1. They admit M as a partner for 1/$4^{\text{th}}$ share in the profits. M acquires his share from N and S in the ratio of 3 : 2. The new profit-sharing ratio will be:

[0.88 marks]

1. 4 : 1 : 1
2. 5 : 13 : 2
3. 13 : 2 : 5
4. 2 : 13 : 5

Q.

A and B are partners sharing profits in the ratio of 3:2. They admit C with 1/8 share in the profits. The new profit sharing ratio between Aand B is 4:3. The new profit sharing ratio and sacrificing ratio will be:

1. NR 4:3:1, SR 1:4

2. NR 3:4:1, SR 4:1

3. None of these

4. NR 4:3:1, SR 4:1

Q.

Differentiate between sacrificing ratio and gaining ratio.

Q.

A , D and K are partners sharing profits and losses in the ratio of 5 : 5 : 2 respectively. A sacrifices 1/4 of his share and D sacrifices 1/4 of his share in favour of K .What will be the sacrificing ratio between partners.

1. 3:2

2. 3:1

3. 4:5

4. 1:1

Q.

X&Y are partners sharing the profits in the ratio of 3:2. They admit Z who takes 2/7 from X and 1/7 from Y. The new profit sharing ratio will be:

1. 15:9:11

2. 9:11:15

3. 15:11:9

4. 11:9:15

Q. Goodwill brought in by incoming partner in cash for joining in a partnership firm is taken away by the old partners in their new profit sharing ratio.

1. True
2. False

Q. Rohit and Mohit are partners in a firm sharing profits in the ratio 5:3. They admit Bijoy as a new partner for 1/7 share in the profit. The new profit sharing ratio will be 4:2:1. The sacrificing ratio of Rohit and Mohit will be:

1. 2:1
2. 5:3
3. 3:5
4. 4:2

Q. Old Ratio - New Ratio = _______.

1. Deficiency Ratio
2. Current Ratio
3. Sacrificing ratio
4. Gaining Ratio

Q. At the time of admission of new partner, old partner's profit sharing ratio is not changed, the sacrificing ratio is ______.

1. Equal to old profit sharing ratio
2. Equal
3. According to capital contributed
4. According to seniority

Q. New ratio is 24:36:6, or if we simplify it is .

1. 4:6:2
2. 6:4:2
3. 4:8:2
4. 4:6:1

Q. X, Y and Z are partners sharing profits & losses in the ratio of $4/8:1/3:2/9$ respectively. Y retires. The gaining ratio and the new profit sharing ratio will be _________.

1. $1:1,1:1$
2. $1:2,1:2$
3. $2:1,2:1$
4. none of these

Q. N & Z are partners sharing profits and losses in the ratio 5:35:3th of the profit. What is the new ratio after S's admission?

1. $34:20:12$
2. $49:22:29$

3. $5:3:2$

4. $35:42:17$

Q. $X,Y$ and $Z$ are sharing profits and losses in the ratio of $5:3:2$ With effect from $1st$ April, $2018$ , they decide to share profits and losses equally. Calculate each partner's gain or sacrifice due to the change in ratio.

Q. A and B are partners sharing profits in the ratio of 3:1. They admit C for 1/4 share in the future profits. The new profit sharing ratio will be:

1. A 9/16, B 3/16, C 4/16
2. A 8/16, B 9/16, C 10/16
3. A 10/16, B 2/16, C 4/16
4. A 8/16, B 4/16, C 4/16

Q.

Sacrificing ratio =

1. New share - Old share

2. New ratio - Old Ratio

3. Old ratio - New Ratio

4. None of these

Q.

D and H are partners in a firm sharing profits in the ratio of 3 : 2. They admit A as a partner for 1/4th share in the profits. A acquires his share from D and H in the ratio of 1 : 2. The new profit-sharing ratio will be:

1. 3 : 2 : 1
2. 14 : 15 : 31
3. 31 : 14 : 15
4. 31 : 15 : 14

Q. The ratio at which old partners surrender a part of their old shares in favour of incoming partner is ____________.

1. Gaining ratio
2. Sacrificing ratio
3. Profit sharing ratio
4. None of the Above

Q. Solve.
X makes a promise to his wife V to give her pocket money of Rs. 1, 000 per month. After 6 months, he stops making the payment. Can Y claim damages from X.

Q. Sacrificing Ratio is equal to ___________.

1. old ratio $+$ new ratio
2. old ratio $÷$ new ratio
3. new ratio $\times$ old ratio
4. old ratio $-$ new ratio