X and Y are partners sharing profits in the ratio of 3 : 2. They admitted P and Q as new partners. X surrendered 1/3rd of his share in favour of P and

Question

X and Y are partners sharing profits in the ratio of 3 : 2. They admitted P and Q as new partners. X surrendered 1/3rd of his share in favour of P and

X and Y are partners sharing profits in the ratio of 3 : 2. They admitted P and Q as new partners. X surrendered 1/3rd of his share in favour of P and Y surrenderd 1/4th of his share in favour of Q. Calculate new profit-sharing ratio of X,Y,P and Q.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Related Questions

(When one of the Old Partners Gifts his Share). A and B are Partners sharing profits in the ration of which half share was gifted by A and the remaini

2 Answers 4 Views

A, B and C were partners in a firm sharing profits in the ratio of 3 : 2 : 1. They admited D as a new partner for 1/8th share in the profits, which he

2 Answers 6 Views

Bharati and Astha were partners sharing profits in the ratio of 3 : 2. They admitted Dinkar as a new partner for 1/5th share in the future profits of

2 Answers 5 Views

X and Y are partners in a firm sharing profits and losses in the ratio of 3 : 2. Z is admitted as partner with 1/4th share in profit. Z acquired his s

2 Answers 6 Views

R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R gives 1/4th of his share and S gives 1/5th share to t

2 Answers 5 Views

A and B are partners sharing profits in the ratio of 3 : 2. C is admitted as a partner. The new profit-sharing ratio among A, B and C is 4 : 3 : 2. Fi

2 Answers 5 Views

X and Y are partners sharing profits and losses in the of 3 : 2. They admit Z into partnership. X gives 1/3rd of his share while Y gives 1/10th from h

2 Answers 5 Views

A, B and C are partners sharing profits in the ratio of 2 : 2 : 1, D is admitted as a new partner for 1/6th share. C will retain his original share. C

2 Answers 4 Views

M and J are partners in a firm sharing profits in the ratio of 3 : 2. They admit R as a new partner. The new profit-sharing ratio between M, J and R w

2 Answers 5 Views

A and B are partners in a business sharing profits and losses in the ratio of 1/3rd and 2/3rd. On 1st April, 2019, their capitals were RS.8,000 and RS

2 Answers 6 Views

Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

New Profit-sharing Ratio of X,Y,P and Q-4: 3 : 2 :1.

4 views Answered 2023-02-05 15:29