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WorksheetsAdmission of partner
Total questions: 10
Worksheet time: 5mins
A,B and c were partners in a firm sharing profits in the ratio of 3:2:1. They admitted D as a new partner for 1/8 share in the profits, which he acquired 1/16 from B and 1/16 from C.
Calculate new profit sharing ratio of A ,B,C and D.
(a)
A, B and C share profits and losses in the ratio of 3:2:1. On admission of D, they agree to share profits and losses in the ratio of 5:4:2:1.Sacrificing Ratio of A, B and C will be _________.
( only A sacrifice by 1/12)
A and B will sacrifice in 2:3
A,B and C will sacrifice 3:2:5
NOTA
A and B are partners sharing profits in the ratio of 2: 3, they admit C as a partner for 1/4th share, the sacrificing ratio of a and b will be
2:3
1:1
3:2
2:1
Rohit and Mohit are partners with a ratio of 5:3. They admit biru with 1/7 share of profit. The new profit sharing ratio is 4:2:1. Calculate the sacrifice ratio
5:3
4:3
1:1
3:5
Anshu and nitu are partners sharing profit in the ratio of 3:2. They admit jyoti as a new partner for 3/10 share which she acquired 2/10 from anshu and 1/10 from nitu. Calculate the new profit sharing ratio
3:3:4
3:4:3
4:3:3
3:2:1
Rohit and Mohit are partners with a ratio of 5:3. They admit biru with 1/7 share of profit. The new profit sharing ratio is 4:2:1. Calculate the sacrifice ratio
5:3
4:3
1:1
3:5
A and B are partners sharing profits in the ratio 2:3 , they admit C as a partner for 1/4 share, the sacrificing ratio of a and b will be
2:3
1:1
3:2
2:1
In case of admission of a partner sacrificing ratio is used to distribute:
Reserves
Goodwill
Revaluation profit
Balance in profit and loss Account
If a partner brings his share of goodwill in cash, it will be shared by old partners in:
Ratio of sacrifice
Old profit sharing ratio
New profit sharing ratio
In capital ratio
A, B, C, and D are partners. A and B share 2/3rd of profits equally and Cand D share remaining profits in the ratio of 3: 2. Find the profit sharing ratio of A, B. C, and D
A) 5: 5: 3: 2
B) 7: 7: 6: 4
C) 2.5: 2.5: 8: 6
D) 3: 9: 8: 3
