CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Select the most appropriate answer from the alternative given below and rewrite the sentence.

Akash, Prakash and Deepak are partners who share profits as 3:2:1. They admit Suraj as a partner and decided to share future profits as 5:3:2:2. The sacrifice ratio will be __________
a) 1:1:0
b) 2:1:1
c) 0:1:3
d) 0:0:2

Open in App
Solution

Akash, Prakash and Deepak are partners who share profits as 3:2:1. They admit Suraj as a partner and decided to share future profits as 5:3:2:2. The sacrifice ratio will be 1:1:0.

Explanation: It is calculated as follows:-

Sacrifice ratio = Old ratio – New ratio

Akash's sacrifice=36-512=112Prakash's sacrific=26-312=112Deepak's sacrifice=16-212=0Therefore, Sacrificing ratio=1:1:0

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Change in Profit Sharing Ratio
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon