X and Y are partners in 8:5 ratio Z is admitted for 1/5th share. first out new ratio .
Answers
Answered by
2
Answer:
Explanation:
HAVE TO FIND THE NEW RATIO OF X,Y&Z
SHARE IN FIRM = 1
Z'S SHARE = 1/5
REMAINING PROFIT = 1-1/5 = 4/5
THIS REMAINING SHARE OF 4/5 IS DIVIDED BETWEEN A & B IN RATIO 8:5
SO A'S SHARE = 4/5×8/13 = 32/65
B'S SHARE = 4/5×5/13 = 20/65
C'S SHARE = 1/5×13/13 = 13/65
NEW RATIO = 32/65:20/65:13/65 = 32:20:13
Answered by
5
Answer:
New profit sharing ratio of X,Y and Z = 32 : 20 : 13
Explanation:
Solution :
★ Old Ratio :
X : Y = 8 : 5
- X's Share = 8/13
- Y's Share = 5/13
Z is admitted for 1/5th share.
- Z's Share = 1/5
To Find :
New Profit Sharing Ratio
Let,
Total Profit of all Partners = 1
- Z's Share = 1/5
Remaining Share :
1 - 1/5 = 4/5
★ New Profit Sharing Ratio :
• X's New Share =
⇒ 8/13 × 4/5 = 32/65
• Y's New Share =
⇒ 5/13 × 4/5 = 20/65
• Z's Share =
⇒ 1/5 = (1×13)/(5×13) = 13/65
New Profit Sharing Ratio =
- X : Y : Z
- 32/65 : 20/65 : 13/65
⇒ 32 : 20 : 13
Therefore, New profit sharing ratio of X,Y and Z = 32 : 20 : 13
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