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A and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. The new profit sharing ratio will be?
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A and B share profits in the ratio 3:2.They agreed to admit c on the c...
Calculation of Profit Sharing Ratio:
Initially, A and B share profits in the ratio 3:2.
Let the profit be x.
A's share = 3x/5
B's share = 2x/5
Now, A sacrifices 3/25 of his share in favour of C.
A's new share = (22/25) * (3x/5) = 66x/125
C's share = 3x/125
Similarly, B sacrifices 1/25 of his share in favour of C.
B's new share = (24/25) * (2x/5) = 48x/125
C's new share = 3x/125 + 2x/125 = 5x/125
The new profit sharing ratio of A, B and C will be:
A:B:C
= 66x/125 : 48x/125 : 5x/125
= 66:48:5
= 33:24:5 (Dividing all the terms by their HCF, which is 3)
Therefore, the new profit sharing ratio of A, B and C is 33:24:5.
Explanation:
Initially, A and B share profits in the ratio 3:2. This means that out of the total profit, A gets 3 parts and B gets 2 parts. Let the total profit be x. Then, A's share is 3x/5 and B's share is 2x/5.
Now, they agree to admit C on the condition that A will sacrifice 3/25 of his share of profit in favour of C and B will sacrifice 1/25 of his share in favour of C.
This means that A's new share will be (22/25) * (3x/5) and C's share will be 3x/125.
Similarly, B's new share will be (24/25) * (2x/5) and C's share will be 2x/125.
Adding up C's share in the new profit sharing ratio, we get 5x/125.
Dividing all the terms of the new profit sharing ratio by their HCF, we get the simplified ratio of 33:24:5.
Therefore, the new profit sharing ratio of A, B and C is 33:24:5.
Initially, A and B share profits in the ratio 3:2.
Let the profit be x.
A's share = 3x/5
B's share = 2x/5
Now, A sacrifices 3/25 of his share in favour of C.
A's new share = (22/25) * (3x/5) = 66x/125
C's share = 3x/125
Similarly, B sacrifices 1/25 of his share in favour of C.
B's new share = (24/25) * (2x/5) = 48x/125
C's new share = 3x/125 + 2x/125 = 5x/125
The new profit sharing ratio of A, B and C will be:
A:B:C
= 66x/125 : 48x/125 : 5x/125
= 66:48:5
= 33:24:5 (Dividing all the terms by their HCF, which is 3)
Therefore, the new profit sharing ratio of A, B and C is 33:24:5.
Explanation:
Initially, A and B share profits in the ratio 3:2. This means that out of the total profit, A gets 3 parts and B gets 2 parts. Let the total profit be x. Then, A's share is 3x/5 and B's share is 2x/5.
Now, they agree to admit C on the condition that A will sacrifice 3/25 of his share of profit in favour of C and B will sacrifice 1/25 of his share in favour of C.
This means that A's new share will be (22/25) * (3x/5) and C's share will be 3x/125.
Similarly, B's new share will be (24/25) * (2x/5) and C's share will be 2x/125.
Adding up C's share in the new profit sharing ratio, we get 5x/125.
Dividing all the terms of the new profit sharing ratio by their HCF, we get the simplified ratio of 33:24:5.
Therefore, the new profit sharing ratio of A, B and C is 33:24:5.
Community Answer
A and B share profits in the ratio 3:2.They agreed to admit c on the c...
64:48:11
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A and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. The new profit sharing ratio will be?
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A and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. 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 and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. 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 and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. The new profit sharing ratio will be?.
A and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. 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 and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. 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 and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. The new profit sharing ratio will be?.
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A and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. The new profit sharing ratio will be?, a detailed solution for A and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. The new profit sharing ratio will be? has been provided alongside types of A and B share profits in the ratio 3:2.They agreed to admit c on the condition that A will sacrifice 3/25ofhis share of profit in favour of Cand B will sacrifice 1/25of his share in favour of c. The new profit sharing ratio will be? theory, EduRev gives you an
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