Mgt101 GDB No. 2 solution
Friday, May 27, 2011 Posted In MGT Edit This
Q: Mr. A and Mr. B are partners sharing the profits in the ratio of 2 & 3. Mr. C is admitted into the partnership with 1/5th share of future profits. Calculate the new profit sharing ratio and the sacrifice ratio.
Ans: Now first of all we calculate the sacrifice ratio after that we calculate the sharing ratio.
Solution
Sacrifice Ratio
Mr. A: Mr. B
2: 3
= 2* 1/5: 3* 1/5
= 0.4: 0.6
Profit sharing ratio
A : B : C
= 2-0.4:3-0.6:0.4 + 0.6
=1.6: 2.4 :1.0
::::::::::::::::::::::::
Ans: Now first of all we calculate the sacrifice ratio after that we calculate the sharing ratio.
Solution
Sacrifice Ratio
Mr. A: Mr. B
2: 3
= 2* 1/5: 3* 1/5
= 0.4: 0.6
Profit sharing ratio
A : B : C
= 2-0.4:3-0.6:0.4 + 0.6
=1.6: 2.4 :1.0
::::::::::::::::::::::::
Q: Mr. A and Mr. B are partners sharing the profits in the ratio of 2 & 3. Mr. C is admitted into the partnership with 1/5th share of future profits. Calculate the new profit sharing ratio and the sacrifice ratio.
Ans: Now first of all we calculate the sacrifice ratio after that we calculate the sharing ratio.
Solution
Sacrifice Ratio
Mr. A: Mr. B
2: 3
= 2* 1/5: 3* 1/5
= 0.4: 0.6
Profit sharing ratio
A : B : C
= 2-0.4:3-0.6:0.4 + 0.6
=1.6: 2.4 :1.0
Mr. A: Mr. B
2: 3
= 2* 1/5: 3* 1/5
= 0.4: 0.6
Profit sharing ratio
A : B : C
= 2-0.4:3-0.6:0.4 + 0.6
=1.6: 2.4 :1.0
