Question 4 Chapter 4 – Unimax Class 12 Part 1 – 2021

Question 4 Chapter 4 - Unimax Class 12 Part 1 - 2021

Question 4 Chapter 4 – Unimax Class 12 Part 1

4. X, Y and Z are partners sharing profits and losses in ratio of 5 : 3 : 2. Calculate the new profit sharing ratio if X, Y and Z decide that the future profit sharing ratio between Y and Z shall be the same as existing between X and Y.

The solution of Question 4 Chapter 4 – Unimax Class 12 Part 1:

Old Profit Sharing ratio of X, Y & Z is 5 : 3 : 2
Required ratio between Y & Z in future, same as old shares of X & Y i.e. 5 : 3
5/3=3/Z  Or Z=9/5
  5:3:9/5
So, New Ratio of X, Y & Z will be 25 : 15 : 9

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

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