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Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna is admitted into partnership for 1/6th share in the profits. Calculate the sacrificing ratio and new profit sharing ratio.?
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Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna i...
Calculation of Sacrificing Ratio and New Profit Sharing Ratio
Step 1: Calculate the Sacrificing Ratio
- Vinay's share = 3/5
- Ruchi's share = 2/5
- Aruna's share = 1/6
- Sacrificing Ratio = Old Ratio - New Ratio
- Sacrificing Ratio = 3/5 - 1/6 : 2/5 - 1/6
- Sacrificing Ratio = 13/30 : 8/30
- Sacrificing Ratio = 5/30
Step 2: Calculate the New Profit Sharing Ratio
- Vinay's new share = 3/5 - (5/30) = 25/30
- Ruchi's new share = 2/5 - (5/30) = 15/30
- Aruna's new share = 1/6 + (1/6) = 2/6 = 10/30
- New Profit Sharing Ratio = 25/30 : 15/30 : 10/30
- New Profit Sharing Ratio = 5 : 3 : 2
Therefore, the sacrificing ratio is 5:30 and the new profit sharing ratio is 5:3:2. This means that Vinay's share has decreased by 1/6, Ruchi's share has decreased by 1/6, and Aruna's share has increased by 1/6 in the new partnership agreement.
Step 1: Calculate the Sacrificing Ratio
- Vinay's share = 3/5
- Ruchi's share = 2/5
- Aruna's share = 1/6
- Sacrificing Ratio = Old Ratio - New Ratio
- Sacrificing Ratio = 3/5 - 1/6 : 2/5 - 1/6
- Sacrificing Ratio = 13/30 : 8/30
- Sacrificing Ratio = 5/30
Step 2: Calculate the New Profit Sharing Ratio
- Vinay's new share = 3/5 - (5/30) = 25/30
- Ruchi's new share = 2/5 - (5/30) = 15/30
- Aruna's new share = 1/6 + (1/6) = 2/6 = 10/30
- New Profit Sharing Ratio = 25/30 : 15/30 : 10/30
- New Profit Sharing Ratio = 5 : 3 : 2
Therefore, the sacrificing ratio is 5:30 and the new profit sharing ratio is 5:3:2. This means that Vinay's share has decreased by 1/6, Ruchi's share has decreased by 1/6, and Aruna's share has increased by 1/6 in the new partnership agreement.
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Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna is admitted into partnership for 1/6th share in the profits. Calculate the sacrificing ratio and new profit sharing ratio.?
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Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna is admitted into partnership for 1/6th share in the profits. Calculate the sacrificing ratio and new profit sharing ratio.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna is admitted into partnership for 1/6th share in the profits. Calculate the sacrificing ratio and new profit sharing ratio.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna is admitted into partnership for 1/6th share in the profits. Calculate the sacrificing ratio and new profit sharing ratio.?.
Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna is admitted into partnership for 1/6th share in the profits. Calculate the sacrificing ratio and new profit sharing ratio.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna is admitted into partnership for 1/6th share in the profits. Calculate the sacrificing ratio and new profit sharing ratio.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Vinay and Ruchi are partners in the ratio of 3: 2 respectively Aruna is admitted into partnership for 1/6th share in the profits. Calculate the sacrificing ratio and new profit sharing ratio.?.
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