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Standard XII

Accountancy

New Profit Sharing Ratio

A and B are p...

Question

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:

3:5

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2:1

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1:1

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5:3

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Solution

The correct option is A
3:5

sacrificing share= old share -new share

A's sacrificing share= 5/8-4/7=3/56

B's sacrificing share= 3/8-2/7=5/56

Sacrificing ratio= 3:5

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A,B and C are partners sharing profits in the ratio of 5:3:2. They admit D into partnership. The new profit sharing ratio of partners is 3:2:2:3. Calculate the sacrificing ratio.

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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:

The correct option is A 3:5 sacrificing share= old share -new share A's sacrificing share= 5/8-4/7=3/56 B's sacrificing share= 3/8-2/7=5/56 Sacrificing ratio= 3:5

The correct option is A
3:5

sacrificing share= old share -new share

A's sacrificing share= 5/8-4/7=3/56

B's sacrificing share= 3/8-2/7=5/56

Sacrificing ratio= 3:5