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A,B and C are partners share …

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A,B and C are partners share in profit ratio 3:2:1.A surrender 1/3 th of his share and B surrender 1/4 th of his profit in favore of C .calculation new profit Sharing ratio.

Posted by Anindya Mallick 6 years, 9 months ago

CBSE > Class 12 > Accountancy

1 answers

Payal Singh 6 years, 9 months ago

A's old share = {tex}{3\over 6}{/tex};

A surrender in favour of C ={tex} {3\over 6} \times {1\over 3}={ 1\over 6}{/tex}

A's new share ={tex}{3\over6} - {1\over 6} ={2\over 6}{/tex}

B's old share = {tex}2\over 6{/tex};

B surrender in favour of C = {tex}{2\over 6} \times {1\over 4 }={1\over 12}{/tex}

B's new share = {tex}{2\over 6} -{ 1\over 12}= {1\over 4}{/tex}

C's old share = {tex}1\over 6{/tex}

C's new share = {tex}{1\over 6}+{1\over 6}+{1\over 12}= {5\over 12}{/tex}

New ratio = {tex}{2\over 6}:{1\over 4}:{5\over 12}{/tex}= 4:3:5

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