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A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be?
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A B and C are partners sharing profits and losses in the ratio of 2:1:...
Gaining Ratio =New Ratio - Old Ratio✓Gaining Ratio of A = 1/2 – 2/5 = 5 – 4 / 10 = 1 /10.Gaining Ratio of B = 1/2 – 1 /5 = 5 – 2 /10 = 3 /10.So,that the Gaining Ratio of A and B = 1 : 3.
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A B and C are partners sharing profits and losses in the ratio of 2:1:...
Solution:
Step 1: Calculate the current profit-sharing ratio between A, B, and C
Given, A:B:C = 2:1:2
Total ratio = 2+1+2 = 5
Therefore, A's share = (2/5)*100 = 40%
B's share = (1/5)*100 = 20%
C's share = (2/5)*100 = 40%
Step 2: Calculate C's share in the partnership
Since C is retiring, we need to calculate C's share in the partnership. C's share is 40%.
Step 3: Calculate the new profit-sharing ratio between A and B
After C's retirement, A and B decide to share the profit and losses equally, i.e., in the ratio of 1:1.
Therefore, the new profit-sharing ratio between A and B is 1:1.
Step 4: Calculate the gaining ratio between A and B
Gaining ratio = New ratio - Old ratio
Gaining ratio = 1:1 - 2:1
Gaining ratio = -1:1
Therefore, the gaining ratio between A and B is -1:1, which means that B is gaining at the expense of A.
Step 1: Calculate the current profit-sharing ratio between A, B, and C
Given, A:B:C = 2:1:2
Total ratio = 2+1+2 = 5
Therefore, A's share = (2/5)*100 = 40%
B's share = (1/5)*100 = 20%
C's share = (2/5)*100 = 40%
Step 2: Calculate C's share in the partnership
Since C is retiring, we need to calculate C's share in the partnership. C's share is 40%.
Step 3: Calculate the new profit-sharing ratio between A and B
After C's retirement, A and B decide to share the profit and losses equally, i.e., in the ratio of 1:1.
Therefore, the new profit-sharing ratio between A and B is 1:1.
Step 4: Calculate the gaining ratio between A and B
Gaining ratio = New ratio - Old ratio
Gaining ratio = 1:1 - 2:1
Gaining ratio = -1:1
Therefore, the gaining ratio between A and B is -1:1, which means that B is gaining at the expense of A.
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A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be?
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A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be?.
A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be?.
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A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be?, a detailed solution for A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be? has been provided alongside types of A B and C are partners sharing profits and losses in the ratio of 2:1:2 respectively. C retires and A and B decide to share the profit and losses equally in future.The Gaining ratio between A and B will be? theory, EduRev gives you an
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