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The old profit ratio among Rajendra satish and tejpal were 2:2:1 the new profit sharing ratio after satish's retirement is 3:2 the gaining ratio is?
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Solution:
Given: The old profit ratio among Rajendra, Satish, and Tejpal were 2:2:1
Step 1: Find out the new profit-sharing ratio after Satish's retirement.
As Satish retires, the new profit-sharing ratio would be 3:2 between Rajendra and Tejpal.
Step 2: Calculate the gaining ratio.
Gaining ratio = New profit-sharing ratio - Old profit-sharing ratio
Gaining ratio = (3/5):(2/5) - (2/5):(2/5):(1/5)
Gaining ratio = 1/5 : 2/5
Gaining ratio = 1:2
Explanation:
The given profit-sharing ratio is 2:2:1 between Rajendra, Satish, and Tejpal.
After Satish's retirement, the new profit-sharing ratio between Rajendra and Tejpal is 3:2.
To calculate the gaining ratio, we need to subtract the old profit-sharing ratio from the new profit-sharing ratio.
On simplification, the gaining ratio comes out to be 1:2.
This means that Rajendra's share in the profit has increased by 1/3 (or 33.33%) and Tejpal's share has increased by 2/3 (or 66.67%) after Satish's retirement.
Given: The old profit ratio among Rajendra, Satish, and Tejpal were 2:2:1
Step 1: Find out the new profit-sharing ratio after Satish's retirement.
As Satish retires, the new profit-sharing ratio would be 3:2 between Rajendra and Tejpal.
Step 2: Calculate the gaining ratio.
Gaining ratio = New profit-sharing ratio - Old profit-sharing ratio
Gaining ratio = (3/5):(2/5) - (2/5):(2/5):(1/5)
Gaining ratio = 1/5 : 2/5
Gaining ratio = 1:2
Explanation:
The given profit-sharing ratio is 2:2:1 between Rajendra, Satish, and Tejpal.
After Satish's retirement, the new profit-sharing ratio between Rajendra and Tejpal is 3:2.
To calculate the gaining ratio, we need to subtract the old profit-sharing ratio from the new profit-sharing ratio.
On simplification, the gaining ratio comes out to be 1:2.
This means that Rajendra's share in the profit has increased by 1/3 (or 33.33%) and Tejpal's share has increased by 2/3 (or 66.67%) after Satish's retirement.
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The old profit ratio among Rajendra satish and tejpal were 2:2:1 the new profit sharing ratio after satish's retirement is 3:2 the gaining ratio is? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The old profit ratio among Rajendra satish and tejpal were 2:2:1 the new profit sharing ratio after satish's retirement is 3:2 the gaining ratio is? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The old profit ratio among Rajendra satish and tejpal were 2:2:1 the new profit sharing ratio after satish's retirement is 3:2 the gaining ratio is?.
The old profit ratio among Rajendra satish and tejpal were 2:2:1 the new profit sharing ratio after satish's retirement is 3:2 the gaining ratio is? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The old profit ratio among Rajendra satish and tejpal were 2:2:1 the new profit sharing ratio after satish's retirement is 3:2 the gaining ratio is? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The old profit ratio among Rajendra satish and tejpal were 2:2:1 the new profit sharing ratio after satish's retirement is 3:2 the gaining ratio is?.
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