 Question 02 Chapter 5 of +2-Part-1

2. (NPS)Raman and Daman are partners sharing profits 25% and 75%. Pawan was admitted for 10% share in profits. Find out the new ratio.

### The solution of Question 02 Chapter 5 of +2 Part-1: –

 Old Ratio of Raman and Daman = 8: 5 Pawan is admitted for 10% i.e.1/10 share of profit

Let the total share of the business = 1

Remaining share of X & Y after Z’s Admission = Total Share – Z’s Share

 Remaining share = 1 – 1 10
 = 10 – 1 10
 = 9 10

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

 Raman’s New Ratio = 9 X 25 10 100
 = 9 40

 Daman’s New Ratio = 9 X 75 10 10
 = 27 40

 Pawan’s New Ratio = 1 X 14 10 14
 = 14 40

New Profit sharing Ratio between X, Y and Z = 9: 27: 14

Comment if you have any questions.

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

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