Accountancy, asked by taniyathakur82839034, 5 months ago

x,y,z are partners sharing profit sharing ratio 2:2:1 Z retired. new profit sharing ratio between x or y.​

Answers

Answered by trapti66
2

Old Profit sharing ratio ( X, Y and Z ) = 3 : 2 : 1

New profit sharing ratio ( X and Z ) = 5 : 3

Gaining ratio = New ratio - Old ratio

X's gaining ratio = (5/8 ) - ( 3/6 ) = (3/24)

Z's gaining ratio = (3/8) = (1/6) = (5/24)

Therefore, gaining ratio of X and Z is 3 : 5

Answered by gyan01
1

Answer:

the profit sharing ratio is 2/6 2/6 and 1/6 respectively

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