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Praveena and Dhanya are partners sharing profits in the ratio of 7 : 3. They admit Malini into the firm. The new ratio among Praveena, Dhanya and Malini are 5 : 2 : 3. Calculate the sacrificing ratio. - Accountancy

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प्रश्न

Praveena and Dhanya are partners sharing profits in the ratio of 7 : 3. They admit Malini into the firm. The new ratio among Praveena, Dhanya and Malini are 5 : 2 : 3. Calculate the sacrificing ratio.

योग

उत्तर

Sacrificing Ratio = Old Ratio – New Ratio

Praveena = `7/10 - 5/10 = 2/10`

Dhanya = `3/10 - 2/10 = 1/10`

Sacrificing Ratio = 2 : 1

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New Profit Sharing Ratio and Sacrificing Ratio
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अध्याय 5: Admission of a partner - Exercises [पृष्ठ १७६]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 5 Admission of a partner
Exercises | Q IV 8. | पृष्ठ १७६

संबंधित प्रश्न

If the old profit sharing ratio is more than the new profit sharing ratio of a partner, the difference is called ____________.


Match List I with List II and select the correct answer using the codes given below:

List I List II
(i) Sacrificing ratio 1. Investment fluctuation fund
(ii) Old profit sharing ratio 2. Accumulated profit
(iii) Revaluation Account 3. Goodwill
(iv) Capital Account 4. Unrecorded liability

What is sacrificing ratio?


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