Commerce Exam  >  Commerce Questions  >  New Profit sharing Ratio after retirement of ... Start Learning for Free
New Profit sharing Ratio after retirement of a partner, can be calculated as:
  • a)
    New Ratio – Sacrificing Ratio
  • b)
    Old Ratio + Acquired share
  • c)
    Gain Ratio – Sacrificing Ratio
  • d)
    New Ratio – Acquired share
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
New Profit sharing Ratio after retirement of a partner, can be calcula...
= Old Ratio + Share of retiring partner/Remaining partners' share
b) New Ratio = Old Ratio - Share of retiring partner/Remaining partners' share
Free Test
Community Answer
New Profit sharing Ratio after retirement of a partner, can be calcula...
When a partner is retired, his/her share is aquired by the existing partners of the firm in a ratio which is mentioned in the question and if not mentioned then equally. That aquired share is added to existing partner's old ratio as per the partnership deed. Hence, New profit sharing ratio after retirement of a partner = Old share + Aquired share
Explore Courses for Commerce exam

Top Courses for Commerce

Question Description
New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect 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 New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect 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 New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect answer is option 'B'. Can you explain this answer?.
Solutions for New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice New Profit sharing Ratio after retirement of a partner, can be calculated as:a)New Ratio – Sacrificing Ratiob)Old Ratio + Acquired sharec)Gain Ratio – Sacrificing Ratiod)New Ratio – Acquired shareCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev