Question 3 Chapter 5 of Class 12 Part – 1 Usha Publication
3. (NPS)Badal, Advani and Navjot are partners in 3/10, 9/20 and ¼. Sonia was admitted for 1/5 share. Calculate new ratio of partners.
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The video consists solution of question numbers from 1 to 11 Chapter no. 5 class 12 of Usha publication. To check the direct solution of question no. 03 from the flowing video by using time stamps of the video.
| Old Ratio of Badal, Advani and Navjot | = | 3/10: 9/20: 1/4 |
| = | 6/20: 9/20: 5/20 | |
| Sonia is admitted for 1/5 share of profit |
Let the total share of the business = 1
Remaining share old partners = Total Share - Sonia’s Share
| Remaining share | = | 1 | - | 1 |
| 5 |
| = | 5- 1 | |
| 5 | ||
| = | 4 |
| 5 |
To Calculate to New Ratio distribute the remaining share in the old ratio of old partners’
New Ratio = Combined share of X and Y x Old Ratio
| Badal’s New share | = | 4 | X | 6 |
| 5 | 20 |
| = | 6 |
| 25 |
| Advani’s New share | = | 4 | X | 9 |
| 5 | 20 |
| = | 9 |
| 25 |
| Navjot’s New share | = | 4 | X | 5 |
| 5 | 20 |
| = | 5 |
| 25 |
| Sonia’s Ratio | = | 1 | X | 5 |
| 5 | 5 | |||
| = | 5 | |||
| 25 |
New Profit sharing Ratio = 6: 9: 5: 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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