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AK, BK and CK are sharing profits in the ratio of 2:1:1. They have decided to share future profits in the ratio of 3:2:1. Find out the gainer partner.
- a)BK is the gainer partner
- b)CK is the gainer partner
- c)AK is the gainer partner
- d)Both AK is the gainer partner and CK is the gainer partner
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
AK, BK and CK are sharing profits in the ratio of 2:1:1. They have dec...
Calculation of gain or sacrifice:
Formula : Old Share – New Share
AK = 2/4 – 3/6 = No Sacrifice/ No Gain
BK = 1/4 – 2/6 = 1/12 Gain
CK = 1/4 - 1/6 = 1/12 Sacrifice
Formula : Old Share – New Share
AK = 2/4 – 3/6 = No Sacrifice/ No Gain
BK = 1/4 – 2/6 = 1/12 Gain
CK = 1/4 - 1/6 = 1/12 Sacrifice
Most Upvoted Answer
AK, BK and CK are sharing profits in the ratio of 2:1:1. They have dec...
Given:
Profit sharing ratio of AK:BK:CK = 2:1:1
Future profit sharing ratio of AK:BK:CK = 3:2:1
To find: Gainer partner
Solution:
Let's assume the total profit earned by the company as 'x'
According to the given profit sharing ratio, the share of AK, BK and CK will be:
AK's share = (2/4) x = (1/2) x
BK's share = (1/4) x
CK's share = (1/4) x
Now, according to the new profit sharing ratio, the share of AK, BK and CK will be:
AK's share = (3/6) x = (1/2) x
BK's share = (2/6) x = (1/3) x
CK's share = (1/6) x
We can see that the share of BK and CK has decreased while the share of AK has remained the same. Thus, AK is not the gainer partner.
To determine between BK and CK, we can calculate the absolute change in their profit shares:
Absolute change in BK's share = (1/3)x - (1/4)x = (1/12)x
Absolute change in CK's share = (1/6)x - (1/4)x = (-1/12)x
We can see that BK's share has increased while CK's share has decreased. Thus, BK is the gainer partner.
Therefore, option 'A' is the correct answer.
Profit sharing ratio of AK:BK:CK = 2:1:1
Future profit sharing ratio of AK:BK:CK = 3:2:1
To find: Gainer partner
Solution:
Let's assume the total profit earned by the company as 'x'
According to the given profit sharing ratio, the share of AK, BK and CK will be:
AK's share = (2/4) x = (1/2) x
BK's share = (1/4) x
CK's share = (1/4) x
Now, according to the new profit sharing ratio, the share of AK, BK and CK will be:
AK's share = (3/6) x = (1/2) x
BK's share = (2/6) x = (1/3) x
CK's share = (1/6) x
We can see that the share of BK and CK has decreased while the share of AK has remained the same. Thus, AK is not the gainer partner.
To determine between BK and CK, we can calculate the absolute change in their profit shares:
Absolute change in BK's share = (1/3)x - (1/4)x = (1/12)x
Absolute change in CK's share = (1/6)x - (1/4)x = (-1/12)x
We can see that BK's share has increased while CK's share has decreased. Thus, BK is the gainer partner.
Therefore, option 'A' is the correct answer.
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AK, BK and CK are sharing profits in the ratio of 2:1:1. They have dec...
Bk is gaining
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AK, BK and CK are sharing profits in the ratio of 2:1:1. They have decided to share future profits in the ratio of 3:2:1. Find out the gainer partner.a)BK is the gainer partnerb)CK is the gainer partnerc)AK is the gainer partnerd)Both AK is the gainer partner and CK is the gainer partnerCorrect answer is option 'A'. 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 AK, BK and CK are sharing profits in the ratio of 2:1:1. They have decided to share future profits in the ratio of 3:2:1. Find out the gainer partner.a)BK is the gainer partnerb)CK is the gainer partnerc)AK is the gainer partnerd)Both AK is the gainer partner and CK is the gainer partnerCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for AK, BK and CK are sharing profits in the ratio of 2:1:1. They have decided to share future profits in the ratio of 3:2:1. Find out the gainer partner.a)BK is the gainer partnerb)CK is the gainer partnerc)AK is the gainer partnerd)Both AK is the gainer partner and CK is the gainer partnerCorrect answer is option 'A'. Can you explain this answer?.
AK, BK and CK are sharing profits in the ratio of 2:1:1. They have decided to share future profits in the ratio of 3:2:1. Find out the gainer partner.a)BK is the gainer partnerb)CK is the gainer partnerc)AK is the gainer partnerd)Both AK is the gainer partner and CK is the gainer partnerCorrect answer is option 'A'. 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 AK, BK and CK are sharing profits in the ratio of 2:1:1. They have decided to share future profits in the ratio of 3:2:1. Find out the gainer partner.a)BK is the gainer partnerb)CK is the gainer partnerc)AK is the gainer partnerd)Both AK is the gainer partner and CK is the gainer partnerCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for AK, BK and CK are sharing profits in the ratio of 2:1:1. They have decided to share future profits in the ratio of 3:2:1. Find out the gainer partner.a)BK is the gainer partnerb)CK is the gainer partnerc)AK is the gainer partnerd)Both AK is the gainer partner and CK is the gainer partnerCorrect answer is option 'A'. Can you explain this answer?.
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