Question : A, B, C and D are partners sharing profits in the ratio of 18: 15: 18: 3, D died and his share of profit is taken by the remaining partners A, B and C equally. The new profitsharing ratio will be 19:16:19.
Option 1: True
Option 2: False
Option 3: Can't say
Option 4: None of the above
Correct Answer: True
Solution : Answer = True A: B: C: D= 18: 15: 18: 3= 6: 5: 6: 1. D's share= $\frac{1}{18}$ A takes=$\frac{1}{18}\times \frac{1}{3}$= $\frac{1}{54}$. B takes=$\frac{1}{18}\times \frac{1}{3}$= $\frac{1}{54}$. C takes= $\frac{1}{18}\times \frac{1}{3}$= $\frac{1}{54}$. A= $\frac{6}{18}+\frac{1}{54}=\frac{18+1}{54}=\frac{19}{54}$ B= $\frac{5}{18}+\frac{1}{54}=\frac{15+1}{54}=\frac{16}{54}$ C= $\frac{6}{18}+\frac{1}{54}=\frac{18+1}{54}=\frac{19}{54}$ N.P.S.R= 19:16:19. Hence, the correct option is 1.
Question : A, B and C are partners sharing profits in the ratio of 7:6:7, B retires and his shares are divided equally between A and C. The New profit-sharing ratio of the remaining partners will be
Option 1: 1:1
Option 2: 4:5
Option 3: 3:2
Option 4: 2:3
Question : Which of the following statements is incorrect?
Option 1: New Profit-sharing Ratio among remaining or continuing partners is same as their Old Profit-sharing Ratio.
Option 2: Gaining Ratio of remaining or continuing partners is same as their Old Profit-sharing Ratio.
Option 3: Gaining ratio is the ratio in which the remaining partners take the outgoing (retired or deceased) partner's share.
Question : A, B and C are partners sharing profits in the ratio of 5: 3: 2. They admit D into partnership. The new profit sharing ratio of partners is 3: 2: 2: 3. the sacrificing ratio is ____________.
Option 1: 5:3:2
Option 2: 2:1:1
Option 3: 2:1
Question : A and B are partners in a firm sharing profits in a ratio of 7: 3. C is admitted as a new partner. A sacrifices 2 / 7 th of his share in profits in favour of C and B 1 / 7 th of his share in favour of C. The new profit-sharing ratio between A, B and C will be
Option 1: 39: 11: 30
Option 2: 50: 11: 30
Option 3: 35: 18: 17
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