MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Change in Profit Sharing Ratio(PSR)

Old ratio of ...

Question

Old ratio of A, B & C is 5:4:1. If C acquires 1/5th share from A, the new profit sharing ratio will be .

A

3:4:3

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

4:5:1

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

4:3:4

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

5:4:1

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A 3:4:3
Old Ratio of A, B & C = 5:4:1 A's sacrifice = 1/5, C's gain = 1/5 A's new share = 5/10-1/5 = 3/10 B's new share = 4/10 C's new share = 1/10 + 1/5 = 3/10 New Ratio = 3:4:3

Suggest Corrections

thumbs-up

0

Similar questions

Old ratio of A,B & C is 5:4:1.Calculate the new profit sharing ratio, when C acquires 1/5th Share from A & B equally.

Q. A & B are partners sharing profits in the ratio

5 : 3

, they admitted C giving him

3 / 10

th share of profit. If C acquires

1 / 5

1 / 10

th from B, new profit sharing ratio will be _________.

Q. A and B are partners sharing profits in the ratio 5 : 3. They admitted C giving him 3/10th share of profit. If C acquires

1 / 5^{t h}

share from A and

1 / 10^{t h}

from B, new profit sharing ratio will be:

Q. A, B and C are partners sharing profits and losses in the ratio of 5 : 4 : 1. Calculate new profit-sharing ratio, sacrificing ratio and gaining ratio in each of the following cases:
Case 1. C acquires 1/5th share from A.
Case 2. C acquires 1/5th share equally form A and B.
Case 3. A, B and C will share future profits and losses equally.
Case 4. C acquires 1/10th share of A and 1/2 share of B.

Q. A and B are partners sharing profits in the ratio of

4 : 1

. C is admitted for

1 / 4

th share in profits which he acquires wholly from A. The new profit sharing ratio will be _________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Change in Profit Sharing Ratio

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Change in Profit Sharing Ratio(PSR)

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon