X and Y are partners in the ratio of 3 ; 2 respectively. They admit Z as a new partner
for 5 th share in firms profits. Z acquires his share from X and Y in equally. Calculate
the profit sharing ratio of all partners
Answers
Answer:
X's old share= 3/5
Y's old share= 2/5
Z is admitted as a partner.
X's sacrifice= 3/5 * 1/3
= 3/15
Y's sacrifice= 1/10
Therefore, Z's share= 3/15 + 1/10
= 9/30
X's new share= 3/5- 3/15
= 6/15
Y's new share= 2/5- 1/10
= 3/10
New profit sharing ratio= 4:3:3
Sacrificing ratio= 2:1
be Brainly
ANSWER :
- ❖ If X and Y are partners in the ratio of 3 : 2 respectively and they admit Z as a new partner for 1/5 th share in firms profits which acquires from X and Y in equally; then the New Profit Sharing Ratio of X, Y and Z will be 5 : 3 : 2.
___________________________________________________________
SOLUTION :
❒ Given :-
- X and Y are partners sharing profits in the ratio 3 : 2.
- Z is admitted as a new partner for th, which he acquires equally from X and Y.
❒ To Calculate :-
- New Profit Sharing Ratio of X, Y and Z = ?
_________________________________________________
❒ Calculation :-
It is given that,
- X and Y are partners sharing profits in the ratio 3 : 2.
So,
- Old Share of X =
- Old Share of Y =
Again,
- Z is admitted as a new partner for th, which he acquires equally from X and Y.
So,
- ✠ Share Surrendered by X for Z = Z acquires share from X
➜ Share Surrendered by X for Z = of
➜ Share Surrendered by X for Z =
➜ Share Surrendered by X for Z =
And,
- ✠ Share Surrendered by Y for Z = Z acquires share from Y
➜ Share Surrendered by Y for Z = of
➜ Share Surrendered by Y for Z =
➜ Share Surrendered by X for Z =
Now,
- ★ New Share of X = Old Share of X - Share Surrendered by X for Z
⇒ New Share of X =
⇒ New Share of X =
⇒ New Share of X =
Similarly,
- ★ New Share of Y = Old Share of Y - Share Surrendered by Y for Z
⇒ New Share of Y =
⇒ New Share of Y =
⇒ New Share of Y =
However,
- ★ Share of Z =
⇒ Share of Z =
⇒ Share of Z =
Hence,
- ✪ New Profit Sharing Ratio of X, Y and Z = New Share of X : New Share of Y : Share of Z
➨ New Profit Sharing Ratio of X, Y and Z = : :
∴ New Profit Sharing Ratio of X, Y and Z = 5 : 3 : 2