Commerce Exam > Commerce Questions > Akshay and bharati are partners sharing profi...
Start Learning for Free
Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.?
Most Upvoted Answer
Akshay and bharati are partners sharing profits in the ratio 3:2 they ...
Solution:
Given, the current profit-sharing ratio of Akshay and Bharati is 3:2.
Step 1: Calculation of Dinesh's Share
Dinesh is admitted as a new partner for 1/5th share in the future profits of the firm. Let the total profit be 'x'.
Therefore, Dinesh's share in the profit = 1/5 * x
Dinesh gets this share equally from Akshay and Bharati.
So, Dinesh's share from Akshay = 1/2 * 1/5 * x = 1/10 * x
Dinesh's share from Bharati = 1/2 * 1/5 * x = 1/10 * x
Therefore, Dinesh's total share in the profit = 1/10 * x + 1/10 * x = 1/5 * x
Step 2: Calculation of New Profit-Sharing Ratio
Let the new profit-sharing ratio of Akshay, Bharati, and Dinesh be a:b:c.
As per the given condition, Dinesh gets an equal share from Akshay and Bharati.
So, the share of Akshay and Bharati in the profit will be in the ratio of 3:2.
Therefore,
a:b = 3:2
Let's assume the total profit to be 10.
So, Akshay's share in the profit = 3/5 * 10 = 6
Bharati's share in the profit = 2/5 * 10 = 4
Dinesh's share in the profit = 1/5 * 10 = 2
Therefore,
a:b:c = 6:4:2
Simplifying it,
a/b = 3/2
a/c = 3/1
b/c = 2/1
Multiplying the first equation by 2 and the second equation by 1, we get
a/b = 6/4
a/c = 3/1
b/c = 2/1
Simplifying it further, we get
a:b:c = 6:4:2
Therefore, the new profit-sharing ratio of Akshay, Bharati, and Dinesh is 6:4:2.
Conclusion:
Thus, the new profit-sharing ratio of Akshay, Bharati, and Dinesh is 6:4:2.
Given, the current profit-sharing ratio of Akshay and Bharati is 3:2.
Step 1: Calculation of Dinesh's Share
Dinesh is admitted as a new partner for 1/5th share in the future profits of the firm. Let the total profit be 'x'.
Therefore, Dinesh's share in the profit = 1/5 * x
Dinesh gets this share equally from Akshay and Bharati.
So, Dinesh's share from Akshay = 1/2 * 1/5 * x = 1/10 * x
Dinesh's share from Bharati = 1/2 * 1/5 * x = 1/10 * x
Therefore, Dinesh's total share in the profit = 1/10 * x + 1/10 * x = 1/5 * x
Step 2: Calculation of New Profit-Sharing Ratio
Let the new profit-sharing ratio of Akshay, Bharati, and Dinesh be a:b:c.
As per the given condition, Dinesh gets an equal share from Akshay and Bharati.
So, the share of Akshay and Bharati in the profit will be in the ratio of 3:2.
Therefore,
a:b = 3:2
Let's assume the total profit to be 10.
So, Akshay's share in the profit = 3/5 * 10 = 6
Bharati's share in the profit = 2/5 * 10 = 4
Dinesh's share in the profit = 1/5 * 10 = 2
Therefore,
a:b:c = 6:4:2
Simplifying it,
a/b = 3/2
a/c = 3/1
b/c = 2/1
Multiplying the first equation by 2 and the second equation by 1, we get
a/b = 6/4
a/c = 3/1
b/c = 2/1
Simplifying it further, we get
a:b:c = 6:4:2
Therefore, the new profit-sharing ratio of Akshay, Bharati, and Dinesh is 6:4:2.
Conclusion:
Thus, the new profit-sharing ratio of Akshay, Bharati, and Dinesh is 6:4:2.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.?
Question Description
Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.?.
Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.?.
Solutions for Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? defined & explained in the simplest way possible. Besides giving the explanation of
Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.?, a detailed solution for Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? has been provided alongside types of Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? theory, EduRev gives you an
ample number of questions to practice Akshay and bharati are partners sharing profits in the ratio 3:2 they admit dinesh as a new partner for 1/5th shar in the future profits of the first which he gets equally from akshay and bharati. Calculate new profit- sharing ratio of akshay., bharti and dinesh.? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup