x and y are partners sharing profit and losses in the ratio of 3 ratio 2 they admit z as a new partner who get 1/5th share calculate the new profit sharing ratio in each of following case (i) if z acquires his share from X and y in their profit sharing ratio (ii) if he acquire 3/20th form X and and 1/20from Y(iii) if we acquire 1/10 th from x and 1/10th from y (iv)if he acquire 1/20 from X and 3/20feom Y (v) if he acquire his share entirely from x (vi) if he acquired his share entirely from Yβ
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Answered by
13
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
Explanation:
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3
I have solved the problem upto iv. Refer to the Attachments.
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