Question

tion 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

Answer 1

Answer:

(c) 1/12 : 2/12 so we get

1:2

Answer 2

Answer:

the correct Option is(c) 1:2

Explanation:

partnership firm An organisation made up of two or more individuals who decide to start a business together is known as a partnership firm. The partners in the partnership contribute assets as investments in the business. These persons run a partnership firm as part of their business.

Solution :

Veena and Soma both are partners in a firm.

On April 1, 2020, Sara is accepted in exchange for a quarter of the company's income.

Sara's share = 1/4

Sara bought a 1/12 of a stake from Veena and the rest from Soma.

Veena's sacrifice for Sara = 1/12

Sara's share = Veena's sacrifice share + Soma's sacrifice

Sara's share = 1/4

1/4 - The balance of Sara's or Soma's sacrifice portion equals Veena's part.

⇒ 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

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