X, T and Z are partners sharing profits in the ratio, of 1 / 2: 2 / 5 and 1 / 10. Find the new ratio of remaining partners if Z retires. Post category:Accountancy Reading time:1 mins read SOLUTION Old ratio of X, Y and Z = 1 / 2: 2 / 5: 1 / 10 or 5: 4: 1.Hence, if Z retires, the new ratio between X and Twill be 5: 4. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostA. B and C are partners sharing profits in the ratio of 1 /2: 1 / 4: 1 / 4 What will be the new ratio on the retirement of B? Next PostA, B and C are partners sharing profits in the ratio of 1 / 4: 3 / 10: 9 / 20. What will be the new ratio on the retirement of C? You Might Also Like In the absence of provision in the Partnership Deed, in which ratio is the deficiency arising out of guarantee of profit to a partner borne by the other partners? (CBSE 2019) October 7, 2022 From the information given below, calculate any three of the following ratio:(i) Gross Profit Ratio. (ii) Working Capital Turnover Ratio. (iii) Debt to Equity Ratio. (iv) Proprietary Ratio. August 18, 2022 If opening capitals of partners are A Rs. 3,00,000, B Rs. 2,00,000 and C Rs. 1,00,000 and their drawings during the year are A Rs. 50,000, B Rs. 40,000 and C Rs. 30,000 and creditors are Rs. 60,000, what will be the amount of assets of the firm? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
In the absence of provision in the Partnership Deed, in which ratio is the deficiency arising out of guarantee of profit to a partner borne by the other partners? (CBSE 2019) October 7, 2022
From the information given below, calculate any three of the following ratio:(i) Gross Profit Ratio. (ii) Working Capital Turnover Ratio. (iii) Debt to Equity Ratio. (iv) Proprietary Ratio. August 18, 2022
If opening capitals of partners are A Rs. 3,00,000, B Rs. 2,00,000 and C Rs. 1,00,000 and their drawings during the year are A Rs. 50,000, B Rs. 40,000 and C Rs. 30,000 and creditors are Rs. 60,000, what will be the amount of assets of the firm? September 27, 2022