Question : A, B and C are partners in a firm sharing profits and losses in the ratio of 3:2:1. The partners decide to share future profits and losses in the ratio of 5:3:2. Each partner’s gain or sacrifice due to change in the ratio will be :

Option 1: A sacrifice 1/30, B Gain 1/30, Z Nil 

Option 2:  A Nil, B sacrifice 1/30 and C gain 1/30

Option 3: A gain 1/30, B Nil, C sacrifice 1/30

Option 4: A Nil, B gain 1/30 and C sacrifice 1/30

Question : Rajiv and Ravi were partners in a firm sharing profits or losses in the ratio of 3:1 .With effect from 1st January, 2020, they agreed to share profits in the ratio of 2:1. Due to change in profit-sharing ratio, Rajiv s gain or sacrifice will be

Option 1:  Gain 1/12

Option 2: Sacrifice 1/12

Option 3: Gain 2/60

Option 4: Sacrifice 3/60

Question : A and B were partners in a firm sharing profits and losses in the ratio of  equally . With effect from 1st January 2019 they agreed to share profits and losses 2:1  Individual partner’s gain or sacrifice due to change in the ratio will be :
 

Option 1: Gain by $A \frac{1}{6}$; Sacrifice by $B \frac{1}{6}$

Option 2: Gain by $A \frac{1}{2}$; Sacrifice by $B \frac{1}{2}$

Option 3: Sacrifice by $A \frac{1}{2}$; Gain by $B \frac{1}{2}$

Option 4: Sacrifice by $A \frac{1}{2}$; Gain by $B \frac{1}{2}$

Question : X and Y were partners in a firm sharing profits equally. With effect from 1st April 2020, they decided to share profits in the ratio of 4:3. Due to the change in the profit-sharing ratio gain or sacrifice will be

Option 1: Gain 1/14

Option 2: Sacrifice 1/14

Option 3: Gain 3/4

Option 4: Sacrifice 3/7.