a and b are partners with psr 5is to 3.admitted c as a new partner for 1/3 share . calculate new psr
Answers
Answer:
Answer- 17: 11: 12.
Explanation:
Old ratio (A : B) = 5 : 3
C admits for 3/10 share
A sacrifices in favour of C = 1/5
B sacrifices in favour of C = 1/10
New ratio = Old ratio - sacrificing ratio
A's new share = (5/8) - (1/5) = 17/40
B's new share = (3/8) - (1/10) = 22/80 or 11/40
C's share = 3/10 or 12/40
Therefore, new share of A, b and C is 17 : 11 : 12
ANSWER :
- ❖ If A and B are partners with Profit Sharing Ratio of 5 : 3 and they admitted C as a new partner for share; then the New Profit Sharing Ratio among A, B and C will be 5 : 3 : 4.
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SOLUTION :
❒ Given :-
- Profit sharing ratio of A and B = 5 : 3
- C was admitted for share of profit.
❒ To Calculate :-
- New profit sharing ratio of A, B and C = ?
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❒ Calculation :-
It is given that,
- Profit sharing ratio of A ans B is 5 : 3
Thus,
- ➻ A's share of profit =
- ➻ B's share of profit =
Again,
- C was admitted for share of profit.
Let us suppose,
- The total profit of the firm = 1
Then,
- ✎ C's share of profit = of 1
➜ C's share of profit = × 1
➜ C's share of profit =
Now,
- ✠ Remaining share = 1 -
➜ Remaining share =
➜ Remaining share =
- ⥀ This remainging share of will be shared by A and B in their old ratio, i.e, 5 : 3.
So,
- ★ The new share of A = of
➨ The new share of A = ×
➨ The new share of A =
- ★ The new share of B = of
➨ The new share of B = ×
➨ The new share of B =
And,
- ★ The share of C =
➨ The share of C =
➨ The share of C =
Thus,
- ✪ New profit sharing ratio of A, B and C = : :
➩ New profit sharing ratio of A, B and C = 10 : 6 : 8