Question

A and B are partners who share profits in the ratio of 3 : 2. They admit C for 1/4th share. A and B decided to share future profits equally. Ratio in which remaining share will be taken by A and B: *
1 point
3:2
2:3
5:2
1:1​

Answer 1

Explanation:

12th

Accountancy

Change in Profit-Sharing Ratio Among the Existing Partners

Concept of Reconstitution of Firm

A and B are partners sharin...

ACCOUNTANCY

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Asked on December 26, 2019 by

Nupur Katni

A and B are partners sharing profits and losses in the ratio of 3:2. They admit C into the partnership for one-fourth share of the profits while A and B as between themselves are sharing profits & losses equally. The new profit sharing ratio will be _______.

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ANSWER

Old ratio (A and B) = 3 : 2

C is admitted for 1/4 share

Let the combined share of A, B and C = 1

Combined share of A and B after C's admission = 1 - C's share

= 1 - (1/4) = 3/4

New share :

A = (3/4) * (1/2) = 3/8

B = (3/4) * (1/2) = 3/8

C = 1/4

Therefore, A : B : C = 3/8 : 3/8 : 1/4

= 3 : 3 : 2

Sacrificing ratio = Old ratio - New ratio

A's sacrifice = (3/5) - (3/8) = 9/24

B's sacrifice = (2/5) - (3/8) = 1/24

Therefore, sacrificing ratio of A and b is 9 : 1

Answer 2

Answer:

good night bye bye

Explanation:

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