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A, B, CD are in partnership sharing profits and losses in the ratio of 9:6:5:5. E joins the partnership for 20% share. A, B, C and D would in future share profits among themselves as 3/10 : 4/10:2/10:1/10. The new profit sharing ratio will be:?
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A, B, CD are in partnership sharing profits and losses in the ratio of...
Calculation of Old Profit Sharing Ratio:
Calculation of E's Share:
Calculation of New Profit Sharing Ratio:
Calculation of E's Share in New Ratio:
New Profit Sharing Ratio Including E:
Explanation:
- A:B:CD = 9:6:5:5
- Total ratio = 9+6+5+5 = 25
- A's share = (9/25)*100 = 36%
- B's share = (6/25)*100 = 24%
- C's share = (5/25)*100 = 20%
- D's share = (5/25)*100 = 20%
Calculation of E's Share:
- E's share = 20% of total profit
Calculation of New Profit Sharing Ratio:
- A:B:C:D = 3:4:2:1
- Total ratio = 3+4+2+1 = 10
- A's share = (3/10)*100 = 30%
- B's share = (4/10)*100 = 40%
- C's share = (2/10)*100 = 20%
- D's share = (1/10)*100 = 10%
Calculation of E's Share in New Ratio:
- E's share = 20% of total profit
New Profit Sharing Ratio Including E:
- A:B:C:D:E = 3:4:2:1:20%
- Total ratio = 10+20 = 30
- A's share = (3/30)*100 = 10%
- B's share = (4/30)*100 = 13.33%
- C's share = (2/30)*100 = 6.67%
- D's share = (1/30)*100 = 3.33%
- E's share = (20/30)*100 = 66.67%
Explanation:
- The old profit sharing ratio between A, B, CD was 9:6:5:5.
- E joined the partnership for a 20% share, which was calculated separately.
- The new profit sharing ratio between A, B, C, D was given as 3/10 : 4/10 : 2/10 : 1/10.
- The new profit sharing ratio was calculated by finding the total ratio, dividing each partner's share by the total ratio and then multiplying by 100 to get the percentage share.
- E's share was calculated separately in the new ratio as 20% of the total profit.
- The new profit sharing ratio including E was calculated by adding E's share to the total ratio and then dividing each partner's share by the total ratio.
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A, B, CD are in partnership sharing profits and losses in the ratio of 9:6:5:5. E joins the partnership for 20% share. A, B, C and D would in future share profits among themselves as 3/10 : 4/10:2/10:1/10. The new profit sharing ratio will be:?
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A, B, CD are in partnership sharing profits and losses in the ratio of 9:6:5:5. E joins the partnership for 20% share. A, B, C and D would in future share profits among themselves as 3/10 : 4/10:2/10:1/10. The new profit sharing 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, B, CD are in partnership sharing profits and losses in the ratio of 9:6:5:5. E joins the partnership for 20% share. A, B, C and D would in future share profits among themselves as 3/10 : 4/10:2/10:1/10. The new profit sharing ratio will be:? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A, B, CD are in partnership sharing profits and losses in the ratio of 9:6:5:5. E joins the partnership for 20% share. A, B, C and D would in future share profits among themselves as 3/10 : 4/10:2/10:1/10. The new profit sharing ratio will be:?.
A, B, CD are in partnership sharing profits and losses in the ratio of 9:6:5:5. E joins the partnership for 20% share. A, B, C and D would in future share profits among themselves as 3/10 : 4/10:2/10:1/10. The new profit sharing 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, B, CD are in partnership sharing profits and losses in the ratio of 9:6:5:5. E joins the partnership for 20% share. A, B, C and D would in future share profits among themselves as 3/10 : 4/10:2/10:1/10. The new profit sharing ratio will be:? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A, B, CD are in partnership sharing profits and losses in the ratio of 9:6:5:5. E joins the partnership for 20% share. A, B, C and D would in future share profits among themselves as 3/10 : 4/10:2/10:1/10. The new profit sharing ratio will be:?.
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