Question

A B and C are partners sharing profit and losses in the ratio of 2/8, 3/8 and 3/8. they admit D for 1/4th share. calculate NPSR for all partners.​

Answer 1

Answer:

Given :

• Old Share of Partners = $\sf \: \frac{2}{8}, \frac{3}{8}, \frac{3}{8}$

• Admit D for ¼ th Share

To Find :

• New Profit Sharing Ratio

Solution :

Old Share Of Partners = $\sf \: \dfrac{2}{8}, \dfrac{3}{8}, \dfrac{3}{8}$

$\\ \\ \sf \to Old \: Ratio \: = 2 : 3 : 3$

$\sf \to \: Share \: of \: D \: = \frac{1}{4}$

$\to\sf \: Remaining \: Portion \: = 1 - \frac{1}{4} = \frac{3}{4}$

New Share Of A :

$\sf \to \: Old \:Share\: of \: A \: = \frac{2}{8}$

$\sf \to \: Old \: Share \: \times Remaining \: Portion \:$

$\sf \to \: \frac{2}{8} \times \frac{3}{4}$

$\sf \to \: \frac{6}{32}$

New Share Of B :

$\sf \to \: Old \: Share \: of \: B \: = \frac{3}{8}$

$\sf \to \: Old \: Share \: \times Remaining \: Portion$

$\sf \to \: \frac{3}{8} \times \frac{3}{4}$

$\to \sf \: \frac{9}{32}$

New Share Of C :

$\sf \to \: Old \: share \: of \: B \: = \frac{3}{8}$

$\sf \to \: Old \: Share \: \times Remaining \: Portion$

$\sf \to \: \frac{3}{8} \times \frac{3}{4}$

$\sf \to \: \frac{9}{32}$

New Share Of D :

$\sf \to \: Share \: of \: D\: = \frac{1}{4}$

$\sf \to \: \frac{1 \times 8}{4 \times 8} = \frac{8}{32}$

$\sf \to \: \frac{8}{32}$

$\sf\bull \: \: \frac{6}{32} : \frac{9}{32} : \frac{9}{32} : \frac{8}{32}$

$\bf \bull \: \: 6 : 9 : 9 : 8$

$\therefore \sf New \: Ratio \: of \: Partners \: = 6 : 9 : 9 : 8$