Accountancy, asked by cutiepie6791, 9 months ago

Baskar and pillai are partners sharing profits and losses in the ratio 3:2.they admitted kanika into partnership for 1/4th share in the profits

Answers

Answered by mrmanish31
9

Answer:

Baskar and pillai are partners sharing profits and losses in the ratio 3:2.they admitted kanika into partnership for 1/4th share in the profits ratio is 3:2:1.....

Answered by amanbhandari501
0

Answer:. - find remaining share.

2. -  multiply baskar and pillai shares with remaining shares

now , you will got shares of baskar and pillai

now subtract old share from new share.

Explanation:

remaining share 1 - 1 / 4 = 3/4

baskar acquires shares = 3/5 x 3/4  =  9 / 20.

pillai acquires shares = 2/5 x 3/4  = 6 / 20.

( you got sacrifice share now find NEW PROFIT SHARING RATIO ).

BASKAR SHARES  =   OLD - NEW

                            =    3 / 5 - 9 / 20 =  3 / 20.

PILLAI SHARES =  OLD  - NEW.

                        =      2 / 5 -  6 / 20 =  2 / 20

Sacrificing = 9 : 2    New Profit Sharing Ratio =  3:2

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