Question

x,y and z are sharing profits and losses in the ratio of 5:3:2. calculate the new profit sharing ratio and the sacrificing ratio. if x y and z decide that the future profit sharing ratio between y and z shall be the same as existing between x and y

Answer 1

Answer:

ANSWER

Gaining ratio or sacrificing ration will be calculated as:

Gaining/Sacrificing Ratio = New Ratio - Old Ratio

Therefore:

For X = 1/3 - 5/10

= 10 - 15

30

= - 5/30 Sacrificing Ratio

For Y = 1/3 - 3/10

= 10 - 9

30

= 1/30 Gaining Ratio

For Z = 1/3 - 2/10

= 10- 6

30

= 4/30 Gaining Ratio

Answer 2

Answer:

Gaining ratio or sacrificing ration will be calculated as:

Gaining/Sacrificing Ratio = New Ratio - Old Ratio

Therefore:

For X = 1/3 - 5/10

= 10 - 15

30

= - 5/30 Sacrificing Ratio

For Y = 1/3 - 3/10

= 10 - 9

30

= 1/30 Gaining Ratio

For Z = 1/3 - 2/10

= 10- 6

30

= 4/30 Gaining Ratio