Question 02 Chapter 4 of +2-Part-1
2. (NPS/ Sacrifice and Gain) A, B and C are partners in 2:1:3 ratio. The new ratio will be 5:3:2. Calculate the gain or sacrifice of each partner on the change in profit ratio.
The Content covered in this article:
The solution of Question 02 Chapter 4 of +2 Part-1: –
| Old Ratio of A, B & C | = | 2: 1 : 3 |
| New Ratio of A, B & C | = | 5 : 3: 2 |
Calculate the Sacrificing or Gaining Ratio of Partners
Sacrificing or Gaining Ratio = Old Ratio – New Ratio
| A’s Gain | = | 2 | – | 5 |
| 6 | 10 |
| = | 10 – 15 | |
| 30 |
| = | -5 | (Gain) | |
| 30 |
| B’s Gain | = | 1 | – | 3 |
| 6 | 10 |
| = | 5 – 9 | |
| 30 |
| = | -4 | (Gain) | |
| 03 |
| C’s Sacrifice | = | 3 | – | 2 |
| 6 | 10 |
| = | 15 – 6 | |
| 30 |
| = | 9 | (Sacrifice) | |
| 03 |
Thanks, Please Like and share with your friends
Comment if you have any questions.
Also, Check out the solved question of previous Chapters: –
Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
Chapter No. 1 – Accounting Not for Profit Organisations
Chapter No. 2 – Partnership Accounts – I
Chapter No. 3 – Partnership Accounts – II (Introduction)
Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)
Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)
Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)
Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)
Chapter No. 8 – Company Accounts (Share Capital)
Chapter No. 9 – Company Accounts (Issue of Debentures)
Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)
Chapter No. 2 – Techniques of Financial Statement Analysis
Chapter No. 3 – Ratio Analysis
Chapter No. 4 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
