Accountancy, asked by rritu8229, 4 months ago

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Answered by sachinkumar1812
1

Answer:

Calculation of New Profit Sharing Ratio

Explanation:

Given that,

Profit sharing ratio between A & B = 3 : 2 (Old Ratio)

C is admitted for 1/4th share...

D is admitted for 20 paise in a rupee

         i.e. 20 paise / 100 paise = 1 /5 share

Now, calculation of New Profit sharing ratio between A, B, C & D :

A's old share= 3/5

B's old share= 2/5

C is admitted for 1/4th share

Remaining share= 1-[1/4]

                               = 3/4

A's new share= 3/5 * 3/4

                      = 9/20

B's new share= 2/5 * 3/4

                       = 6/20

New Profit sharing ratio after C's admission= 9:6:5

Now, ratio before D's admission= 9:6:5

D is admitted for 20/100th share

Remaining share= 1-[20/100]

                          = 80/100

Hence, A's new ratio= 9/20 * 80/100

                                = 72/200

B's new ratio= 6/20 * 80/100

                     = 48/200

C's new ratio= 5/20 * 80/100

                     = 40/200

New profit sharing ratio after D's admission= 72:48:40:40

                                                      = 9:6:5:5

I hope this will be helpful for you... dear!!

Good Luck!!


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Answered by goyalritika
7

Answer:

your answer is refer to the attachment

hope it's helpful 2 you

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