# Question 19 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Parat – 1

Q-19 - CH-5 - Usha +2 Book 2018 - Solution

Question 19 Chapter 5 of +2-Part-1

19. (NPS ) Singh, Gupta and Lal are partners in a firm, sharing profits in the ratio of 3:2:3. They admitted Jain as a new partner. Singh surrendered 1/3rd of his share in favour of Jain. Gupta surrendered 1/4th of his share in favour of Jain and Lal surrendered 1/5th of his share in favour of Jain. Calculate the new profit sharing ratio.

We are providing a solution of Question 19 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 12 to 23 Chapter no. 5 class 12 of Usha publication. To check the direct solution of question no. 19 from the flowing video by using time stamps of the video.

## The solution of Question 19 Chapter 5 of +2 Part-1: –

Calculation of new Profit Sharing ratio

Old profit sharing ratio of Singh, Gupta and Lal = 3:2:3

 Singh’s sacrifice for Jain = 1 of 3 3 8
 = 1 x 3 3 8 = 1 Z’s sacrifice for Y 8
 Singh’s new share = 3 – 1 = 2 Or 1 8 8 8 4
 Gupta’s sacrifice for Jain = 1 of 2 4 8 = 1 X 2 4 8 = 1 16
 Gupta’s new share = 2 – 1 8 16 = 3 16
 Lal‘s sacrifice for Jain = 1 of 3 5 8 = 1 X 3 5 8 = 3 40

 Lal”s new share = 3 – 3 8 40 = 12 40
 Jain’s share of profit = 1 + 1 + 3 = 21 8 16 10 80
 New Profit sharing ratio = 4 : 3 : 12 : 21 16 16 40 80 New Profit sharing Ratio = 20 : 15 : 21 : 24

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