Deepak, Nilesh and Pratik are the partners of a partnership firm. Their profit loss sharing ratio is 1:2:3, which is decided to change to 2:2:1 respectively for future. Under these circumstances, calculate what gain is received by which partners?
Answers
Answered by
6
Explanation:
Solution :
Old Ratio=
Deepak:Nilesh:Pratik = 1:2:3
New Share Ratio =
Deepak:Nilesh:Pratik = 2:2:1
Gaining (or Sacrificing) Ratio =New Ratio - Old Ratio
Deepak = 2/5 - 1/6
12-7/30 = 7/30 --------(Gain)
Nilesh = 2/5 - 2/6
12-10/30 = 2/30 ----- (Gain)
Pratik = 1/5 - 3/6
6-15/30 = -9/30 ---- (Sacrifice) Or (Loss)
Therefore,
Deepak =7/30 --------(Gain)
Nilesh = 2/30 ----- (Gain)
Similar questions