Question 7
Veena and Soma are partners in a firm. They admit Sara on 1st April, 2020, for 1/4 share in
the profits of the firm. Sara acquired her share as 1/12 from Veena and the remaining from
Soma.
The sacrificing ratio of the old partners will be:
(a) 11:12
(b) 1:1
(c) 1:2
(d) 1:11
Answers
Answer:
Sara share = 1/4
out of 1/4 share 1/12 th share acquired from veena so veena sacrifice 1/12 th share
remaining share 1/4-1/12 = 2/12 share sacrifice by Soma
so sacrifice ratio is 1/12 :2/12= 1:2
option c is correct
Answer:
Option (c) 1:2
Explanation:
Solution :
Veena and Soma are partners in a firm.
They admit Sara on 1st April, 2020, for 1/4 share in the profits of the firm.
- Sara's share = 1/4
Sara acquired her share as 1/12 from Veena and the remaining from Soma.
- Veena sacrifice for Sara = 1/12
Sara's share = Veena's sacrifice share + Soma's sacrifice
- Sara's share = 1/4
1/4 - Veena's sacrifice share = remaining share of Sara or Soma's sacrifice share
⇒ 1/4 - 1/12
⇒ (3 - 1)/12
⇒ 2/12
Soma's sacrifice = 2/12
★ Sacrificing Ratio =
- Veena : Soma
- 1/12 : 2/12
⇒ 1 : 2
Therefore, Option (c) 1:2
The sacrificing ratio of the old partners will be (Veena : Soma) 1 : 2