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If the old profit sharing ratio …

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If the old profit sharing ratio between A,B,C is 1:2:3 they admit D as a new partner .The profit shaeing ratio between A&D is 5:6. Then what will be the new profit sharing ratio between C&D . Ans. is 10:15

Posted by Utkarsh Gupta 7 years, 2 months ago

CBSE > Class 12 > Accountancy

3 answers

Savita Rathee 7 years, 2 months ago

I like such type of questions .?????????

Savita Rathee 7 years, 2 months ago

Yes i got it . Here is the answer - let D comes for x share , remaining share will be 1- x that is to be distributed among other partners in their old ratio i.e. 1/6 * (1-x) - new share of A . Ratio between A and D is given i.e. 5:6 . It will not be wrong to write it as 5:6 = 1-x/6 : 6x from here we get the value of x = 1/6 . Now new share of A = 5/6 * 1/6 = 5/36 . New share of B = 5/6 * 2/6 = 10/36 . New share of C = 5/6*3/6 = 15 /36 and share of D = 1/6 or 6/36 . So B:C = 10: 15

Savita Rathee 7 years, 2 months ago

Please explain it. I don't get it

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