A profit of 3000
is shared among
X, Y, Z in the ratio 2:3: How much
money x get than y
Answers
Answer:
Gaining ratio or sacrificing ration will be calculated as:
Gaining/Sacrificing Ratio = New Ratio - Old Ratio
Therefore:
For A = 1/3 - 3/6
= 2 - 3
6
= 1/6 Gaining Ratio
For B = 1/3 - 2/6
= 2 - 2
6
= No Change
For C = 1/3 - 1/6
= 2 - 1
6
= 1/6 Sacrificing Ratio
If no Goodwill account is not opened than an adjustment entry will be passed as under: Rs.18000 * 1/6 = Rs.3000
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Answer:
Y will get 500 Rupees more than X
correction:
1) I think the ratio should BE X,Y,Z=2:3:1
2) the question should be "A profit of 3000
is shared among X, Y, Z in the ratio 2:3:1 How much money Y get than X"
Step-by-step explanation:
let x share be 2×a = 2a
y share be 3×a = 3a
z share be 1×a = 1a = a
total amount = 3000
that means 2a+3a+a = 3000
= 6a = 3000
a = 3000/6
a= 500
so, value of X = 2×500
= 1000
value of Y = 3×500
= 1500
value of Z = 1×500
=500
Difference between X and Y = 1500 - 1000
= 500
so, Y will get 500 Rupees more than X