Q.3 ( when remaining partners take specific portion)
P ,Q and R are partners sharing profits in ratio of 4:3:2 .Q retires and his share was taken up by P and R in ratio 3:2 . find new profits sharing ratio
Answers
Answered by
13
Answer:
New profit sharing ratio = 4:3:3 and Gain Ratio = 13:11
Answered by
13
Answer:
New Profit Sharing Ratio :
P : R = 29 : 16
Explanation:
Solution :
Old Ratio = P : Q : R = 4 : 3 : 2
- P's Share =
- Q's Share =
- R's Share =
Q retires and his share was taken up by P and R in ratio 3 : 2
• Q's Share taken by P =
• Q's Share taken by R =
___________________________
New Profit Sharing Ratio :
• P's New Share =
• R's New Share =
__________________________
New Profit Sharing Ratio = P : R
29 : 16
Therefore, New Profit Sharing Ratio is P : R = 29 : 16
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