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Rekha Sunita and Teena are partners in a firm sharing profit and losses in the ratio 3:2:1.Samiksha joins the firm.Rekha surrenders 1/4th of her share;Sunita surrenders 1/3rd of her share;Teena surrenders 1/5th of her share in favour of samiksha . Find new profit sharing ratio?
Most Upvoted Answer
Rekha Sunita and Teena are partners in a firm sharing profit and losse...
Calculation of old profit sharing ratio:

  • Rekha's share = 3/6

  • Sunita's share = 2/6

  • Teena's share = 1/6



Calculation of new profit sharing ratio:

  • Rekha's new share = 3/6 - 1/4 = 5/12

  • Sunita's new share = 2/6 - 1/3 = 1/6

  • Teena's new share = 1/6 - 1/5 = 1/30

  • Samiksha's share = 1 - (5/12 + 1/6 + 1/30) = 1/20



Therefore, the new profit sharing ratio is 5:1:1:1/20 (Rekha:Sunita:Teena:Samiksha).
Community Answer
Rekha Sunita and Teena are partners in a firm sharing profit and losse...
New ratio is 180:80:48:97
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Rekha Sunita and Teena are partners in a firm sharing profit and losses in the ratio 3:2:1.Samiksha joins the firm.Rekha surrenders 1/4th of her share;Sunita surrenders 1/3rd of her share;Teena surrenders 1/5th of her share in favour of samiksha . Find new profit sharing ratio?
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Rekha Sunita and Teena are partners in a firm sharing profit and losses in the ratio 3:2:1.Samiksha joins the firm.Rekha surrenders 1/4th of her share;Sunita surrenders 1/3rd of her share;Teena surrenders 1/5th of her share in favour of samiksha . Find new profit sharing ratio? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Rekha Sunita and Teena are partners in a firm sharing profit and losses in the ratio 3:2:1.Samiksha joins the firm.Rekha surrenders 1/4th of her share;Sunita surrenders 1/3rd of her share;Teena surrenders 1/5th of her share in favour of samiksha . Find new profit sharing ratio? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rekha Sunita and Teena are partners in a firm sharing profit and losses in the ratio 3:2:1.Samiksha joins the firm.Rekha surrenders 1/4th of her share;Sunita surrenders 1/3rd of her share;Teena surrenders 1/5th of her share in favour of samiksha . Find new profit sharing ratio?.
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