Category DK Goel Admission of a Partner DK Goel Admission of a Partner 98 Questions Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 7 : 3. C was admitted. A surrendered 1/7th of his share and B 1/3rd of his share in favour of C. Calculate the sacrificing ratio and the new profit sharing ratios of the partners 300 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profit in the ratio of 5 : 3. C is admitted to the partnership for 1/4th share of future profits. Calculate the new profit sharing ratio and the sacrificing ratio 337 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 2 : 2 : 1 respectively. They admit D for 1/6th share in the firm. Calculate the sacrificing ratio 319 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A B and C share profit and losses in the ratio of 3 : 2 : 1. Upon admission of D, they agreed to share as follows: 299 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans Saurabh and Gaurav are equal partners. They admit Chunmun as a partner in their firm and the new ratio of all the three has been decided upon as 4 : 3 : 2. Find the sacrificing ratio 296 viewsAnurag Pathak Answered question August 21, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P and Q share profits in 3 : 2. On 1st April, 2022, they admit R and S with 1/4 and 1/5 share respectively. The profit of the firm for the year ended 31st March 2023 amounted to ₹ 2,00,000 259 viewsAnurag Pathak Changed status to publish August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B share profits and losses in the ratio of 3 : 2. They admit C as a new partner for 1/3rd share in the profits of the firm which he acquired from A and B in the ratio of 2 : 3 292 viewsAnurag Pathak Changed status to publish August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits and losses in the ratio of 3 : 2. They admit X and Y as new partners. A surrendered 1/3rd of his share in favour of X and B surrendered 1/4th of his share in favour of Y. Calculate the new profit sharing ratio of A, B, X and Y 258 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C are partners in a firm sharing profits in 4 : 3 : 3 ratio. They decided to admit their manager D into partnership. A surrendered 1/4 of his share in favour of D; B surrendered 1/5 of his share in favour of D and C surrendered 1/6 of his share in favour of D. Calculate new profit sharing ratio 337 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans X and Y are partners in a firm sharing profits and losses in the ratio of 9 : 6. A new partner Z is admitted. X surrenders 3/15th share of his profit in favour of Z and Y 6/15th of his share in favour of Z. Calculate new profit sharing ratio 294 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B share profits in the ratio of 3 : 2. They agreed to admit C on the condition that A will sacrifice 3/20th of his share of profit in favour of C and B will sacrifice 1/20th of his profits in favour of C. Calculate new profit sharing ratio 270 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners in a firm sharing profits in the ratio of 2 : 1. C joins the firm. A surrenders 1/4th of his share and B 1/5th of his share in favour of C. Find the new profit sharing ratio. 313 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 3 : 2. C is admitted for 1/5th share of profits out of which half share was gifted by A and the remaining share was taken by C equally from A and B. Calculate new profits sharing ratio 348 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z as a new partner who gets 1/5th share. Calculate the new profit sharing ratio in each of the following cases 268 viewsAnurag Pathak Changed status to publish August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 3 : 2. They admit C into partnership giving his 1/2 share in profits which he acquires from A and B in the ratio of 3 : 1. Calculate the new profit ratio 315 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A, B and C were partners in a firm sharing profits in 1 : 2 : 3 ratio. They admitted D as a new partner for 1/6th share. D acquired his share 1/24 from A, 1/24 from B and 1/12 from C. Calculate new profit sharing ratio 262 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 5 : 3. They admit C on 1/4th share which he acquires 1/6th from A and 1/12th from B. Calculate the new profit sharing ratio of the partners 304 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans X and Y are partners sharing profits in the ratio of 2 : 1. Z is admitted with 5/11th share which he takes 3/11th from X and 2/11th from Y. Calculate the new profit-sharing ratio of the partners 251 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P, Q and R were partners in a firms sharing profits in the ratio of 3 : 2 : 1. They admitted S as a new partner for 1/8th share in the profits which he acquired 1/16th from P and 1/16th from Q. Calculate new profit sharing ratio of P, Q, R and S 340 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans R and S share profits in the ratio of 3 : 2. They admitted T as partner for 1/4 share which will be borne by R and S equally. Find out the new profit-sharing ratio 273 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans P and Q are partners sharing profits and losses in the ratio of 4 : 3. They admit R as partner for a 1/7th share in profits which he acquires equally from P and Q. Calculate new profit sharing ratio of the partners 330 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B were partners sharing profits in the ratio of 21 : 9. C was admitted on 9/21 share in the profits. Calculate new profit sharing ratio of the partners 406 viewsAnurag Pathak Answered question August 20, 2024DK Goel Admission of a Partner 0 Votes 1 Ans A and B are partners sharing profits in the ratio of 5 : 3. C is admitted to the partnership for 1/4th share of future profits. Calculate the new profit sharing ratio 282 viewsAnurag Pathak Answered question August 20, 2024[CBSE] DK Goel Solutions Class 12DK Goel Admission of a Partner « Previous 1 2 3 4 Question and answer is powered by anspress.net