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Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000 respectively. If suresh is to be admitted with a capital of ₹15000 , then find out the profit loss ratio of new firm?
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Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000...
Calculation of new total capital
- Pareshaan's capital = ₹25000
- Mahesh's capital = ₹40000
- Suresh's capital = ₹15000
- Total capital before admission of Suresh = ₹65000
- Total capital after admission of Suresh = ₹80000 (₹65000 + ₹15000)
Calculation of profit loss ratio
- As per the partnership agreement, Pareshaan and Mahesh share profits and losses in the ratio of their capitals, which is 5:8 respectively.
- So, Pareshaan's share of profit/loss = (5/13) x total profit/loss
- Mahesh's share of profit/loss = (8/13) x total profit/loss
Example
- Let's assume that the total profit of the new firm is ₹50000.
- Pareshaan's share of profit/loss = (5/13) x ₹50000 = ₹19230.77
- Mahesh's share of profit/loss = (8/13) x ₹50000 = ₹30769.23
Final profit loss ratio
- Pareshaan's profit/loss ratio = ₹19230.77/₹50000 = 0.3846 or 38.46%
- Mahesh's profit/loss ratio = ₹30769.23/₹50000 = 0.6154 or 61.54%
Conclusion
- The profit loss ratio of the new firm is 38.46% for Pareshaan and 61.54% for Mahesh.
- Pareshaan's capital = ₹25000
- Mahesh's capital = ₹40000
- Suresh's capital = ₹15000
- Total capital before admission of Suresh = ₹65000
- Total capital after admission of Suresh = ₹80000 (₹65000 + ₹15000)
Calculation of profit loss ratio
- As per the partnership agreement, Pareshaan and Mahesh share profits and losses in the ratio of their capitals, which is 5:8 respectively.
- So, Pareshaan's share of profit/loss = (5/13) x total profit/loss
- Mahesh's share of profit/loss = (8/13) x total profit/loss
Example
- Let's assume that the total profit of the new firm is ₹50000.
- Pareshaan's share of profit/loss = (5/13) x ₹50000 = ₹19230.77
- Mahesh's share of profit/loss = (8/13) x ₹50000 = ₹30769.23
Final profit loss ratio
- Pareshaan's profit/loss ratio = ₹19230.77/₹50000 = 0.3846 or 38.46%
- Mahesh's profit/loss ratio = ₹30769.23/₹50000 = 0.6154 or 61.54%
Conclusion
- The profit loss ratio of the new firm is 38.46% for Pareshaan and 61.54% for Mahesh.
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Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000 respectively. If suresh is to be admitted with a capital of ₹15000 , then find out the profit loss ratio of new firm?
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Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000 respectively. If suresh is to be admitted with a capital of ₹15000 , then find out the profit loss ratio of new firm? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000 respectively. If suresh is to be admitted with a capital of ₹15000 , then find out the profit loss ratio of new firm? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000 respectively. If suresh is to be admitted with a capital of ₹15000 , then find out the profit loss ratio of new firm?.
Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000 respectively. If suresh is to be admitted with a capital of ₹15000 , then find out the profit loss ratio of new firm? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000 respectively. If suresh is to be admitted with a capital of ₹15000 , then find out the profit loss ratio of new firm? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Pareshaan and mahesh are partners whose capitals are ₹25000 and ₹40000 respectively. If suresh is to be admitted with a capital of ₹15000 , then find out the profit loss ratio of new firm?.
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