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Question 06 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

Question 06 Chapter 5 of +2- Part-
Q-6 - CH-5 - Usha +2 Book 2018 - Solution

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Question 06 Chapter 5 of +2-Part-1

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6. (NPS) X and Y are sharing profit in the ratio of 7:3. they admit C for 3/7 share in the new firm which he takes 2/7 from X and 1/7 from Y. Calculate new profit sharing ratio of partners , after C’s admission.

We are providing a solution of Question 11 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:

1. Check out the Solution of this question in Video Format:-

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. 06 from the flowing video by using time stamps of the video.

Day - 80 | Solution of Questions Admission of a Partner | Chapter No. 5 | Accounts class 12 | PSEB |

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2. Check out the Solution of this question in Article Format:-

The solution of Question 06 Chapter 5 of +2 Part-1: – 

Calculation of new Profit Sharing ratio

Old profit sharing of X and Y = 7 : 3

X’s sacrifice for C=2
 7
X’s New Share=72
107
     
 =49 -20  
 70  
     
 =29  
  70  
Y’s sacrifice for C=1
 7
Y’s New Share=31
107
     
 =21 – 10 
 70 
     
 =11  
  70  
C’s share=3X10
710
     
 =30  
  70  

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New Profit sharing Ratio=29:11 30

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Check out all questions of this chapter as follows:-

Question 03 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 09 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 15 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 21 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 27 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Parat – 1

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Question 33 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 39 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 45 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 50 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 56 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 62 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 68 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

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

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

+2 Book 1-min
Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms

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