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A and B are partners sharing profit in the ration of 2:1.They admit C as a partner by giving him 1/3 share in future profits. The new ratio will be:?
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A and B are partners sharing profit in the ration of 2:1.They admit C ...
Explanation:
When A and B are partners and they share the profit in the ratio of 2:1, it means that out of every 3 units of profit, 2 units belong to A and 1 unit belongs to B.
After admitting C, the new ratio will be determined by adding A's share, B's share, and C's share and then dividing the total profit in that ratio.
Let's assume that the total profit is X.
- A's share = 2/3 of X
- B's share = 1/3 of X
- C's share = 1/3 of the future profits (as given in the question)
Now, we need to add these shares and divide the total profit in the new ratio.
- A's share + B's share + C's share = 2/3X + 1/3X + 1/3 of future profits
- = X + 1/3 of future profits
The new ratio will be:
- A:B:C = 2/3X : 1/3X : 1/3 of future profits
- Simplifying it, we get: 2X : X : 1/3 of future profits
- Or, 6X : 3X : future profits
- Or, 2 : 1 : 1/6
Therefore, the new ratio will be 2:1:1/6.
Conclusion:
When A and B are partners sharing profit in the ratio of 2:1 and they admit C as a partner by giving him 1/3 share in future profits, the new ratio will be 2:1:1/6.
When A and B are partners and they share the profit in the ratio of 2:1, it means that out of every 3 units of profit, 2 units belong to A and 1 unit belongs to B.
After admitting C, the new ratio will be determined by adding A's share, B's share, and C's share and then dividing the total profit in that ratio.
Let's assume that the total profit is X.
- A's share = 2/3 of X
- B's share = 1/3 of X
- C's share = 1/3 of the future profits (as given in the question)
Now, we need to add these shares and divide the total profit in the new ratio.
- A's share + B's share + C's share = 2/3X + 1/3X + 1/3 of future profits
- = X + 1/3 of future profits
The new ratio will be:
- A:B:C = 2/3X : 1/3X : 1/3 of future profits
- Simplifying it, we get: 2X : X : 1/3 of future profits
- Or, 6X : 3X : future profits
- Or, 2 : 1 : 1/6
Therefore, the new ratio will be 2:1:1/6.
Conclusion:
When A and B are partners sharing profit in the ratio of 2:1 and they admit C as a partner by giving him 1/3 share in future profits, the new ratio will be 2:1:1/6.
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A and B are partners sharing profit in the ration of 2:1.They admit C as a partner by giving him 1/3 share in future profits. The new ratio will be:?
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A and B are partners sharing profit in the ration of 2:1.They admit C as a partner by giving him 1/3 share in future profits. The new ratio 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 and B are partners sharing profit in the ration of 2:1.They admit C as a partner by giving him 1/3 share in future profits. The new ratio will be:? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing profit in the ration of 2:1.They admit C as a partner by giving him 1/3 share in future profits. The new ratio will be:?.
A and B are partners sharing profit in the ration of 2:1.They admit C as a partner by giving him 1/3 share in future profits. The new ratio 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 and B are partners sharing profit in the ration of 2:1.They admit C as a partner by giving him 1/3 share in future profits. The new ratio will be:? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing profit in the ration of 2:1.They admit C as a partner by giving him 1/3 share in future profits. The new ratio will be:?.
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