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A and B are partners in a firm sharing profits in the ratio 3:2. C is admitted on the conditions that profit sharing ratio between B and C will be 5:4. Find the profit sharing ratio of A, B and C?
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A and B are partners in a firm sharing profits in the ratio 3:2. C is ...
Calculation of Profit Sharing Ratio
Given:
- A and B share profits in the ratio 3:2
- B and C share profits in the ratio 5:4
Let's assume:
- A's share is 3x
- B's share is 2x
- C's share is 4y
Calculate B's share:
- B's share in ratio 5:4 is 2x
- Therefore, 2x = 5y
- x = 5y/2
Calculate A's share:
- A's share is 3x
- Substitute x value: A's share = 3 * (5y/2) = 15y/2
Profit sharing ratio:
- A:B:C = 15y/2 : 5y : 4y
- Simplify the ratio: 15y : 10y : 8y
- Further simplify by dividing by 2: 7.5 : 5 : 4
Therefore, the profit sharing ratio of A, B, and C is 7.5 : 5 : 4.
Given:
- A and B share profits in the ratio 3:2
- B and C share profits in the ratio 5:4
Let's assume:
- A's share is 3x
- B's share is 2x
- C's share is 4y
Calculate B's share:
- B's share in ratio 5:4 is 2x
- Therefore, 2x = 5y
- x = 5y/2
Calculate A's share:
- A's share is 3x
- Substitute x value: A's share = 3 * (5y/2) = 15y/2
Profit sharing ratio:
- A:B:C = 15y/2 : 5y : 4y
- Simplify the ratio: 15y : 10y : 8y
- Further simplify by dividing by 2: 7.5 : 5 : 4
Therefore, the profit sharing ratio of A, B, and C is 7.5 : 5 : 4.
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A and B are partners in a firm sharing profits in the ratio 3:2. C is admitted on the conditions that profit sharing ratio between B and C will be 5:4. Find the profit sharing ratio of A, B and C?
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A and B are partners in a firm sharing profits in the ratio 3:2. C is admitted on the conditions that profit sharing ratio between B and C will be 5:4. Find the profit sharing ratio of A, B and C? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A and B are partners in a firm sharing profits in the ratio 3:2. C is admitted on the conditions that profit sharing ratio between B and C will be 5:4. Find the profit sharing ratio of A, B and C? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners in a firm sharing profits in the ratio 3:2. C is admitted on the conditions that profit sharing ratio between B and C will be 5:4. Find the profit sharing ratio of A, B and C?.
A and B are partners in a firm sharing profits in the ratio 3:2. C is admitted on the conditions that profit sharing ratio between B and C will be 5:4. Find the profit sharing ratio of A, B and C? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A and B are partners in a firm sharing profits in the ratio 3:2. C is admitted on the conditions that profit sharing ratio between B and C will be 5:4. Find the profit sharing ratio of A, B and C? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners in a firm sharing profits in the ratio 3:2. C is admitted on the conditions that profit sharing ratio between B and C will be 5:4. Find the profit sharing ratio of A, B and C?.
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