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X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing profit compute new PSR and sacrifice ratio?
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X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing ...
Calculation of New PSR and Sacrifice Ratio:
Step 1: Calculate the total profit share of X and Y
- X's share = 5/8 (5/8 + 3/8 = 1, total parts of X and Y)
- Y's share = 3/8
Step 2: Calculate the total profit share of Z
- Z's share = 1/4
Step 3: Calculate the new profit sharing ratio
- X's new share = 5/8 - 5/8 * 1/4 = 5/8 - 5/32 = 15/32
- Y's new share = 3/8 - 3/8 * 1/4 = 3/8 - 3/32 = 9/32
- Z's new share = 1/4 + 5/32 + 3/32 = 8/32 + 5/32 + 3/32 = 16/32 = 1/2
Step 4: Calculate the new PSR
- New PSR = 15 : 9 : 16 = 15/40 : 9/40 : 16/40 = 15/40 : 9/40 : 16/40
Step 5: Calculate the Sacrifice Ratio
- Sacrifice Ratio of X = (Old PSR of X - New PSR of X) / (Old PSR of X - New PSR of X + Old PSR of Y - New PSR of Y)
- Sacrifice Ratio of X = (5/8 - 15/32) / (5/8 - 15/32 + 3/8 - 9/32) = (10/32) / (6/32) = 10/6 = 5/3
Therefore, the new PSR is 15 : 9 : 16 and the sacrifice ratio is 5 : 3.
Step 1: Calculate the total profit share of X and Y
- X's share = 5/8 (5/8 + 3/8 = 1, total parts of X and Y)
- Y's share = 3/8
Step 2: Calculate the total profit share of Z
- Z's share = 1/4
Step 3: Calculate the new profit sharing ratio
- X's new share = 5/8 - 5/8 * 1/4 = 5/8 - 5/32 = 15/32
- Y's new share = 3/8 - 3/8 * 1/4 = 3/8 - 3/32 = 9/32
- Z's new share = 1/4 + 5/32 + 3/32 = 8/32 + 5/32 + 3/32 = 16/32 = 1/2
Step 4: Calculate the new PSR
- New PSR = 15 : 9 : 16 = 15/40 : 9/40 : 16/40 = 15/40 : 9/40 : 16/40
Step 5: Calculate the Sacrifice Ratio
- Sacrifice Ratio of X = (Old PSR of X - New PSR of X) / (Old PSR of X - New PSR of X + Old PSR of Y - New PSR of Y)
- Sacrifice Ratio of X = (5/8 - 15/32) / (5/8 - 15/32 + 3/8 - 9/32) = (10/32) / (6/32) = 10/6 = 5/3
Therefore, the new PSR is 15 : 9 : 16 and the sacrifice ratio is 5 : 3.
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X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing profit compute new PSR and sacrifice ratio?
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X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing profit compute new PSR and sacrifice ratio? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing profit compute new PSR and sacrifice ratio? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing profit compute new PSR and sacrifice ratio?.
X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing profit compute new PSR and sacrifice ratio? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing profit compute new PSR and sacrifice ratio? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X and y share profit in the ratio 5 3 z is admitted for 1/4th sharing profit compute new PSR and sacrifice ratio?.
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