a b c and d are partners sharing their profit and loss equally. they change their profit sharing ratio to 2:2:1:1. How much will C sacrifice
(a) 1/6
(b)1/12
(c)1/24
(d) none of these
with explanation please
Answers
Answered by
18
Answer:
b) 1/12
Explanation:
Initially c was sharing 1/4th of the share
now he is sharing 1/6th of the share
sacrifising ratio= new - old
=1/4-1/6 =1/12
Answered by
46
Explanation:
Solution :
★ Old Ratio :
A : B : C : D = 1 : 1 : 1 : 1
- A's share = 1/4
- B's share = 1/4
- C's share = 1/4
- D's share = 1/4
They change their profit sharing ratio to 2 : 2 : 1 : 1
★ New Profit Sharing Ratio :
A : B : C : D = 2 : 2 : 1 : 1
- A's new share = 2/6
- B's new share = 2/6
- C's new share = 1/6
- D's new share = 1/6
C's Sacrifice =
★ Sacrifice Ratio = Old Ratio - New Ratio
• C = 1/4 - 1/6
1/4 - 1/6
1/12
C's Sacrifice = 1/12
Therefore, Option (b)1/12
C will Sacrifice 1/12.
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