1.

Find New Profit-sharing Ratio: (i) R and T are partners in a firm sharing profits in the ratio of 3 : 2. S joins the firm. R surrenders 1/4th of his share and T 1/5th of his share in favour of S. (ii) A and B are partners. They admit C for 1/4th share. In future , the ratio between A and B would be 2 : 1. (iii) A and B are partners sharing profits and losses in the ratio of 3 : 2 . They admit C for 1/5th share in the profit. C acquires 1/5th of his share from A and 4/5th share from B. (iv) X, Y and Z are partners in the ratio of 3 : 2 : 1. W joins the firm as a new partner for 1/6th share in profits. Z would retain his original share. (v) A and B are equal partners. They admit C and D as partners with 1/5th and 1/6th share respectively. (vi) A and B are partners sharing profits/losses in the ratio of 3 : 2. C is admitted for 1/4th share. A and B decide to share equally in future.

Answer»

fit sharing RATIO is calculated below. Explanation:1. Old ratio = 3:2 Sacrificing Ratio = Old Ratio Surrender RatioSacrificing ratio for RSacrificing ratio for T New Ratio = Old ratio – Sacrificing ratio  R’s share T’s share S's share = R's sacrifice + S's sacrificeS's share will be sacrifice done by R’s and T’sNew Profit Sharing Ratio R, T and SNew ratio can be written as 45: 32: 23 2. Old Ratio of A and B = 1:1  C = ¼ of the profit Combined share of A and B will be 1- ¼ = ¾ New ratio will be in ratio of 2 : 1 for A and B. A’s share B’s share New Profit Sharing Ratio A, B and CThus, new ratio becomes 2 : 1 : 1 3. Old ratio of A and B = 3:2 C’s share = 1/5 of profit New Ratio will be calculated when we deduct sacrificing ratio from old ratio A’s share B’s share Thus, new ratio would be calculated as: Thus, the new ratio becomes 14 : 6 : 54. Old ratio of X, Y, Z = 3:2:1 W would GET 1/6th share of profit Let combined share of all partner after W's admission be =1 Combined share X and Y in the new firm =1 - Z's share - W's ShareNew Ratio = Old Ratio Combined share  of X and YX’s share Y’s share New profit-sharing ratio would be Thus, the  New profit-sharing ratio becomes 12 : 8 : 5 : 55. Old Ratio A and B = 1:1 C would get 1/5 share and D would get 1/6 share  Combined share of A and B after C and D gets in New Ratio will be combined share Old Ratio A’s share B’s share Thus, new profit-sharing ratio will be: Thus, the  New profit-sharing ratio becomes 19 : 19 : 12 : 106. Old Ratio of A and B is 3:2. C’s share would be 1/4th of profit Combined share of A and B New Ratio for A and B will be: Combined share of A and B =  ¾*1/2= 3/8 New Profit-sharing ratio will beThus, the  New profit-sharing ratio becomes 3 : 3 : 2



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