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Standard XII

Accountancy

New Profit Sharing Ratio

X & Y are par...

Question

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 ?

4:5

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2:3

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3:2

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3:1

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Solution

The correct option is D
3:1

Sacrificing ratio = 1/8 : 1/24 i.e. 3:1.

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

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and

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. calculate new profit-sharing and sacrificing 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 .

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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 ?

The correct option is D 3:1 Sacrificing ratio = 1/8 : 1/24 i.e. 3:1.

The correct option is D
3:1

Sacrificing ratio = 1/8 : 1/24 i.e. 3:1.