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X, Y and Z are partners sharing profits in the ratio of 4:3:2. The partners have decided to share future profits in the ratio of 3:1:1. Find out the gainer partner.
- a)Z is gainer
- b)X is gainer
- c)Y is gainer
- d)Y and Z are gainer
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
X, Y and Z are partners sharing profits in the ratio of 4:3:2. The par...
Calculation of gain or sacrifice:
Formula : Old Share – New Share
X = 4/9 – 3/5 = 7/45 Gain
Y = 3/9 – 1/5 = 6/45 Sacrifice
Z = 2/9 - 1/5 = 1/45 Sacrifice
Formula : Old Share – New Share
X = 4/9 – 3/5 = 7/45 Gain
Y = 3/9 – 1/5 = 6/45 Sacrifice
Z = 2/9 - 1/5 = 1/45 Sacrifice
Most Upvoted Answer
X, Y and Z are partners sharing profits in the ratio of 4:3:2. The par...
Partnership Agreement:
- Initially, X, Y, and Z share profits in the ratio of 4:3:2.
- The partners have now decided to share future profits in the ratio of 3:1:1.
Calculating Profit Sharing:
To determine the gainer partner, we need to compare the profit share of each partner in the initial and future ratios.
Initial Profit Sharing:
- Let the initial profit be P.
- X's share = (4/9)P
- Y's share = (3/9)P
- Z's share = (2/9)P
Future Profit Sharing:
- X's share = (3/5)Q
- Y's share = (1/5)Q
- Z's share = (1/5)Q
Comparing Profit Shares:
To find the gainer partner, we need to compare the change in profit shares between the initial and future ratios.
Change in X's Profit Share:
- Initial share: (4/9)P
- Future share: (3/5)Q
- Change: (3/5)Q - (4/9)P
Change in Y's Profit Share:
- Initial share: (3/9)P
- Future share: (1/5)Q
- Change: (1/5)Q - (3/9)P
Change in Z's Profit Share:
- Initial share: (2/9)P
- Future share: (1/5)Q
- Change: (1/5)Q - (2/9)P
Comparing Changes:
Since the question asks for the gainer partner, we need to identify the partner with the highest positive change in profit share.
- Change in X's share = (3/5)Q - (4/9)P
- Change in Y's share = (1/5)Q - (3/9)P
- Change in Z's share = (1/5)Q - (2/9)P
Calculating Gainer Partner:
To find the gainer partner, we compare the changes in profit share.
- Change in X's share = (3/5)Q - (4/9)P
- Change in Y's share = (1/5)Q - (3/9)P
- Change in Z's share = (1/5)Q - (2/9)P
The partner with the highest positive change in profit share is the gainer partner. In this case, the change in X's profit share is the highest, indicating that X is the gainer partner. Therefore, option B - X is the gainer, is the correct answer.
- Initially, X, Y, and Z share profits in the ratio of 4:3:2.
- The partners have now decided to share future profits in the ratio of 3:1:1.
Calculating Profit Sharing:
To determine the gainer partner, we need to compare the profit share of each partner in the initial and future ratios.
Initial Profit Sharing:
- Let the initial profit be P.
- X's share = (4/9)P
- Y's share = (3/9)P
- Z's share = (2/9)P
Future Profit Sharing:
- X's share = (3/5)Q
- Y's share = (1/5)Q
- Z's share = (1/5)Q
Comparing Profit Shares:
To find the gainer partner, we need to compare the change in profit shares between the initial and future ratios.
Change in X's Profit Share:
- Initial share: (4/9)P
- Future share: (3/5)Q
- Change: (3/5)Q - (4/9)P
Change in Y's Profit Share:
- Initial share: (3/9)P
- Future share: (1/5)Q
- Change: (1/5)Q - (3/9)P
Change in Z's Profit Share:
- Initial share: (2/9)P
- Future share: (1/5)Q
- Change: (1/5)Q - (2/9)P
Comparing Changes:
Since the question asks for the gainer partner, we need to identify the partner with the highest positive change in profit share.
- Change in X's share = (3/5)Q - (4/9)P
- Change in Y's share = (1/5)Q - (3/9)P
- Change in Z's share = (1/5)Q - (2/9)P
Calculating Gainer Partner:
To find the gainer partner, we compare the changes in profit share.
- Change in X's share = (3/5)Q - (4/9)P
- Change in Y's share = (1/5)Q - (3/9)P
- Change in Z's share = (1/5)Q - (2/9)P
The partner with the highest positive change in profit share is the gainer partner. In this case, the change in X's profit share is the highest, indicating that X is the gainer partner. Therefore, option B - X is the gainer, is the correct answer.
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X, Y and Z are partners sharing profits in the ratio of 4:3:2. The par...
In this situation X partner is gainer we can find that by calculating there sacrifice ratio
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X, Y and Z are partners sharing profits in the ratio of 4:3:2. The partners have decided to share future profits in the ratio of 3:1:1. Find out the gainer partner.a)Z is gainerb)X is gainerc)Y is gainerd)Y and Z are gainerCorrect answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about X, Y and Z are partners sharing profits in the ratio of 4:3:2. The partners have decided to share future profits in the ratio of 3:1:1. Find out the gainer partner.a)Z is gainerb)X is gainerc)Y is gainerd)Y and Z are gainerCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X, Y and Z are partners sharing profits in the ratio of 4:3:2. The partners have decided to share future profits in the ratio of 3:1:1. Find out the gainer partner.a)Z is gainerb)X is gainerc)Y is gainerd)Y and Z are gainerCorrect answer is option 'B'. Can you explain this answer?.
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