CA Foundation Exam > CA Foundation Questions > A B and C are partner with profit sharing rat...
Start Learning for Free
A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it?
Most Upvoted Answer
A B and C are partner with profit sharing ratio 4:3:2.If A & C share p...
Share of B is 3/10 and A share is 3/10 × 5/8 =3/16share of C is 3/10 × 3/8 =9/80 new share of A is 4/10 + 3/16=47/80new share of B is 2/10 + 9/80=25/80thus new profit sharing ratio is 47:25and gaining ratio is 15:9
Community Answer
A B and C are partner with profit sharing ratio 4:3:2.If A & C share p...
Calculation of New Profit Sharing Ratio:
1. Given Profit Sharing Ratio:
- A:B:C = 4:3:2
2. Profit Sharing of A & C in B's Profit:
- A:C = 5:3
3. Calculation:
- Let the profits of A, B, and C be 4x, 3x, and 2x respectively.
- Given A:C = 5:3, we can write it as 4x/2x = 5/3.
- Solving this equation, we get x = 3.
4. Current Profits:
- A's Profit = 4 * 3 = 12
- B's Profit = 3 * 3 = 9
- C's Profit = 2 * 3 = 6
5. New Profit Sharing Ratio:
- A:B:C = 12:9:6
- Simplifying by dividing by 3, we get 4:3:2
6. Final New Profit Sharing Ratio:
- The new profit sharing ratio after A & C share profits of B in the ratio 5:3 is 4:3:2.
Therefore, the new profit sharing ratio among A, B, and C is 4:3:2.
1. Given Profit Sharing Ratio:
- A:B:C = 4:3:2
2. Profit Sharing of A & C in B's Profit:
- A:C = 5:3
3. Calculation:
- Let the profits of A, B, and C be 4x, 3x, and 2x respectively.
- Given A:C = 5:3, we can write it as 4x/2x = 5/3.
- Solving this equation, we get x = 3.
4. Current Profits:
- A's Profit = 4 * 3 = 12
- B's Profit = 3 * 3 = 9
- C's Profit = 2 * 3 = 6
5. New Profit Sharing Ratio:
- A:B:C = 12:9:6
- Simplifying by dividing by 3, we get 4:3:2
6. Final New Profit Sharing Ratio:
- The new profit sharing ratio after A & C share profits of B in the ratio 5:3 is 4:3:2.
Therefore, the new profit sharing ratio among A, B, and C is 4:3:2.
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it?
Question Description
A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? 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 A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it?.
A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? 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 A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it?.
Solutions for A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? defined & explained in the simplest way possible. Besides giving the explanation of
A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it?, a detailed solution for A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? has been provided alongside types of A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? theory, EduRev gives you an
ample number of questions to practice A B and C are partner with profit sharing ratio 4:3:2.If A & C share profits of B in 5:3,then find the new profit sharing ratio? Ans is 47:25 Explain it? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup