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Saraswati and laxmi are partners in a firm sharing profit in ratio og 4:1 they admit parwati as a new partners for 1/4th share in future profits which she acquired wholly from saraswati calculate profit sharing ratio of all the partners?
Most Upvoted Answer
Saraswati and laxmi are partners in a firm sharing profit in ratio og ...
12:4:5 is the answer
convert 4/5 and 1/5 in equal denominators of 20
so 16/20 and 4/20
now 1/4th share is 5/20 share which will be deducted from geeta ie 16/20
so new ratio is 12/20,4/20 and 5/20
here sita has no loss
convert 4/5 and 1/5 in equal denominators of 20
so 16/20 and 4/20
now 1/4th share is 5/20 share which will be deducted from geeta ie 16/20
so new ratio is 12/20,4/20 and 5/20
here sita has no loss
Community Answer
Saraswati and laxmi are partners in a firm sharing profit in ratio og ...
Calculation of Profit Sharing Ratio:
Given Information:
- Saraswati and Laxmi are partners sharing profit in a ratio of 4:1.
- Parwati is admitted as a new partner for 1/4th share in future profits, acquired wholly from Saraswati.
Calculation:
1. Initial Profit Sharing Ratio between Saraswati and Laxmi:
- Saraswati's share = 4x
- Laxmi's share = x
2. Total initial profit sharing ratio = 4x + x = 5x
- Saraswati's share = 4/5 * 100% = 80%
- Laxmi's share = 1/5 * 100% = 20%
3. Parwati's share in future profits = 1/4
- Parwati's share = 25%
4. Since Parwati acquired her share from Saraswati, Saraswati's share decreases by 25%.
- Saraswati's new share = 80% - 25% = 55%
- Laxmi's share remains the same at 20%.
Final Profit Sharing Ratio:
- Saraswati : Laxmi : Parwati
- 55% : 20% : 25%
- Simplifying the ratio:
- 55/5 : 20/5 : 25/5
- 11 : 4 : 5
Therefore, the profit sharing ratio of Saraswati, Laxmi, and Parwati after the admission of Parwati as a new partner is 11:4:5.
Given Information:
- Saraswati and Laxmi are partners sharing profit in a ratio of 4:1.
- Parwati is admitted as a new partner for 1/4th share in future profits, acquired wholly from Saraswati.
Calculation:
1. Initial Profit Sharing Ratio between Saraswati and Laxmi:
- Saraswati's share = 4x
- Laxmi's share = x
2. Total initial profit sharing ratio = 4x + x = 5x
- Saraswati's share = 4/5 * 100% = 80%
- Laxmi's share = 1/5 * 100% = 20%
3. Parwati's share in future profits = 1/4
- Parwati's share = 25%
4. Since Parwati acquired her share from Saraswati, Saraswati's share decreases by 25%.
- Saraswati's new share = 80% - 25% = 55%
- Laxmi's share remains the same at 20%.
Final Profit Sharing Ratio:
- Saraswati : Laxmi : Parwati
- 55% : 20% : 25%
- Simplifying the ratio:
- 55/5 : 20/5 : 25/5
- 11 : 4 : 5
Therefore, the profit sharing ratio of Saraswati, Laxmi, and Parwati after the admission of Parwati as a new partner is 11:4:5.
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Saraswati and laxmi are partners in a firm sharing profit in ratio og 4:1 they admit parwati as a new partners for 1/4th share in future profits which she acquired wholly from saraswati calculate profit sharing ratio of all the partners?
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Saraswati and laxmi are partners in a firm sharing profit in ratio og 4:1 they admit parwati as a new partners for 1/4th share in future profits which she acquired wholly from saraswati calculate profit sharing ratio of all the partners? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Saraswati and laxmi are partners in a firm sharing profit in ratio og 4:1 they admit parwati as a new partners for 1/4th share in future profits which she acquired wholly from saraswati calculate profit sharing ratio of all the partners? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Saraswati and laxmi are partners in a firm sharing profit in ratio og 4:1 they admit parwati as a new partners for 1/4th share in future profits which she acquired wholly from saraswati calculate profit sharing ratio of all the partners?.
Saraswati and laxmi are partners in a firm sharing profit in ratio og 4:1 they admit parwati as a new partners for 1/4th share in future profits which she acquired wholly from saraswati calculate profit sharing ratio of all the partners? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Saraswati and laxmi are partners in a firm sharing profit in ratio og 4:1 they admit parwati as a new partners for 1/4th share in future profits which she acquired wholly from saraswati calculate profit sharing ratio of all the partners? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Saraswati and laxmi are partners in a firm sharing profit in ratio og 4:1 they admit parwati as a new partners for 1/4th share in future profits which she acquired wholly from saraswati calculate profit sharing ratio of all the partners?.
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