Question 22 Chapter 5 – Unimax Class 12 Part 1 – 2021

Question 22 Chapter 5 - Unimax Class 12 Part 1 - 2021

Question 22 Chapter 5 – Unimax Class 12 Part 1 – 2021

Free Accounting book Solution - Class 11 and Class 12

22. A, B and C are partners in the ratio of 60%, 30% and 10% respectively. They admitted D for 25% share. Find out new ratio.

The solution of Question 22 Chapter 5 – Unimax Class 12 Part 1

Let total profit = 1
D’s Share =25%/100 =1/4
Remaining Share = 1 -1/4 =3/4
A’s new share =6/10 X 3/4 =18/40
B’s new share =3/10 X 3/4 =9/40
C’s new share =1/10 X 3/4 =3/40
D’s Share =1/4
New Profit Sharing Ratio = A : B : C : D
                                        = 18 : 9 : 3 : 10 Ans.

 

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

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