a 6. Raman and Rajan were partner in a firm sharing profit or loss in the ratio 3 : 1 with effect froms 1st January 2021 they agreed to share the profit in ratio of 2:1 due to change in the profit sharing ratio Rajan's gain and sacrifice will be: (A) Gain by Raman 1/6 and sacrifice by Rajan 1/6 (B) Sacifice by Raman 1/6 and gain by Rajan 1/6 (C) Gain by Raman 1/2 and sacrifice by Rajan 1/2 (D) Sacrifice by Raman 1/12 and gain by Rajan 1/12
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Answered by
11
Answer:
D
Explanation:
explained in the photo
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Answered by
28
Explanation:
Solution :
★ Old Ratio :
Raman : Rajan = 3 : 1
Raman's share =3/4
Rajan's share = 1/4
With effect from 1st January, 2021 they agreed to share the profit in ratio of 2:1
New profit sharing ratio :
Raman : Rajan = 2:1
Raman's new share = 2/3
Rajan's new share = 1/3
★ Sacrifice or Gain Ratio = Old Ratio - New Ratio
• Raman =
3/4 - 2/3 = (9 - 8)/12
1/12
• Rajan =
1/4 - 1/3 = (3 - 4)/12
-1/12
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