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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?
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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
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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.
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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?
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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?.
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