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P, Q are partners sharing profits and losses in the ratio of 5 : 4 . R comes for 1/5 th share .Calculate new profit-sharing ratio, sacrificing ratio and gaining ratio in each of the following cases: 4 Marks Case 1. R acquires ⅕th share from A. Case 2. R acquires ⅕th share equally form A and B. Case 3. P, Q and R will share future profits and losses equally. Case 4. R acquires 1/10th share of A and ½ share of B.?
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P, Q are partners sharing profits and losses in the ratio of 5 : 4 . R...
**Case 1: R acquires 1/5th share from A**

In this case, R acquires 1/5th share from A. Let's calculate the new profit-sharing ratio, sacrificing ratio, and gaining ratio.

**New Profit-sharing Ratio:**
- P and Q's ratio remains the same at 5:4.
- R's share increases from 1/5th to 2/5th (1/5th acquired from A and 1/5th already owned).

Therefore, the new profit-sharing ratio is P:Q:R = 5:4:2.

**Sacrificing Ratio:**
- A sacrifices 1/5th share to R.

Therefore, the sacrificing ratio is A:R = 1:1/5 = 5:1.

**Gaining Ratio:**
- R gains 1/5th share from A.

Therefore, the gaining ratio is R:A = 1/5:1 = 1:5.

**Case 2: R acquires 1/5th share equally from A and B**

In this case, R acquires 1/5th share equally from A and B. Let's calculate the new profit-sharing ratio, sacrificing ratio, and gaining ratio.

**New Profit-sharing Ratio:**
- P and Q's ratio remains the same at 5:4.
- R's share increases from 1/5th to 3/5th (1/10th acquired from both A and B, and 1/5th already owned).

Therefore, the new profit-sharing ratio is P:Q:R = 5:4:3.

**Sacrificing Ratio:**
- A and B each sacrifice 1/10th share to R.

Therefore, the sacrificing ratio is A:B:R = 1:1:1/10 = 10:10:1.

**Gaining Ratio:**
- R gains 1/10th share from both A and B.

Therefore, the gaining ratio is R:A:B = 1/10:1/10 = 1:1.

**Case 3: P, Q, and R will share future profits and losses equally**

In this case, P, Q, and R will share future profits and losses equally. Let's calculate the new profit-sharing ratio, sacrificing ratio, and gaining ratio.

**New Profit-sharing Ratio:**
- P and Q's ratio remains the same at 5:4.
- R's share increases from 1/5th to 3/10th (1/10th acquired from both P and Q, and 1/5th already owned).

Therefore, the new profit-sharing ratio is P:Q:R = 5:4:3/10.

**Sacrificing Ratio:**
- P and Q each sacrifice 1/10th share to R.

Therefore, the sacrificing ratio is P:Q:R = 1/10:1/10 = 1:1.

**Gaining Ratio:**
- R gains 1/10th share from both P and Q.

Therefore, the gaining ratio is R:P:Q = 1/10:1/10 = 1:1.

**Case 4: R acquires 1/10th share of A and 1/2 share of B**

In this case, R ac
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P, Q are partners sharing profits and losses in the ratio of 5 : 4 . R comes for 1/5 th share .Calculate new profit-sharing ratio, sacrificing ratio and gaining ratio in each of the following cases: 4 Marks Case 1. R acquires ⅕th share from A. Case 2. R acquires ⅕th share equally form A and B. Case 3. P, Q and R will share future profits and losses equally. Case 4. R acquires 1/10th share of A and ½ share of B.?
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P, Q are partners sharing profits and losses in the ratio of 5 : 4 . R comes for 1/5 th share .Calculate new profit-sharing ratio, sacrificing ratio and gaining ratio in each of the following cases: 4 Marks Case 1. R acquires ⅕th share from A. Case 2. R acquires ⅕th share equally form A and B. Case 3. P, Q and R will share future profits and losses equally. Case 4. R acquires 1/10th share of A and ½ share of B.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about P, Q are partners sharing profits and losses in the ratio of 5 : 4 . R comes for 1/5 th share .Calculate new profit-sharing ratio, sacrificing ratio and gaining ratio in each of the following cases: 4 Marks Case 1. R acquires ⅕th share from A. Case 2. R acquires ⅕th share equally form A and B. Case 3. P, Q and R will share future profits and losses equally. Case 4. R acquires 1/10th share of A and ½ share of B.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for P, Q are partners sharing profits and losses in the ratio of 5 : 4 . R comes for 1/5 th share .Calculate new profit-sharing ratio, sacrificing ratio and gaining ratio in each of the following cases: 4 Marks Case 1. R acquires ⅕th share from A. Case 2. R acquires ⅕th share equally form A and B. Case 3. P, Q and R will share future profits and losses equally. Case 4. R acquires 1/10th share of A and ½ share of B.?.
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