Akhil,Bhanu and Charu are partners sharing profits in the ratio 4/9: 1/3: 2/9. Bhanu retires and gives 1/9 from his share to Akhil and balance to Charu .Calculate new profit sharing ratio and gaining ratio
Answers
Answered by
4
Explanation:
When the new partner purchases his share of profit from the old partners equally : In such cases, the new profit sharing ratio of the old partners can be calculated by deducting the sacrifice made by them from their existing share of profit.
Answered by
5
Explanation:
Akhil=4/9
Bhanu=1/3
Charu=2/9
Share surrendered by Bhanu in favour of Akhil=1/9
Share surrendered by Bhanu in favour of Charu=1/3-1/9=2/9
Gaining ratio of Akhil and Charu=1/9:2/9 or 1:2
New profit sharing ratio
Akhil= 4/9+1/9=5/9
Charu=2/9+2/9=4/9
New profit sharing ratio of Akhil and Charu are 5/9:4/9 or 5:4
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