Question 13 Chapter 5 of Class 12 Part – 1 Usha Publication
13. (New Profit Sharing Ratio) Bat and Ball are partners in a 2:3 ratio. They admitted Wicket and Gloves as new partners. Bat sacrificed 1/4th of his share in favor of Wicket and Ball sacrificed ¼ from his share in favor of Gloves. Calculate the new ratio.
We are providing a solution of Question 13 Chapter 5 of +2 Part-1 in two formats. one is in Video format and another is in article format. Check out both formats as follows:
The video consists solution of question numbers from 12 to 23 Chapter no. 5 class 12 of Usha publication. To check the direct solution of question no. 13 from the flowing video by using time stamps of the video.
Calculation of new Profit Sharing ratio
| Old profit sharing ratio | = | 2 : 3 |
| Bat’s sacrifice for Wicket | = | 1 | of | 2 |
| 4 | 5 |
| = | 1 | x | 2 |
| 4 | 5 | ||
| = | 2 | ||
| 20 |
| Bat‘s new share | = | 2 | - | 2 |
| 5 | 20 | |||
| = | 6 | |||
| 20 |
| Ball’s sacrifice for Glover | = | 1 | or | 5 |
| 4 | 20 |
(Share o fGloves )
(Absolute i.e. from his share )
| Ball’s new share | = | 3 | - | 1 |
| 5 | 4 | |||
| = | 7 | |||
| 20 |
| New Profit sharing Ratio | = | 6 | : | 7 | : | 2 | : | 5 |
| 40 | 40 | 40 | 20 | |||||
| = | 6 | : | 7 | : | 2 | : | 5 |
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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