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Profit Sharing

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyIf B’s old profit share is \(\frac{1}{3}\) and his new profit share is \(\frac{1}{2}\), what is B’s gaining share?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 2:4:4. After B's death, A and C acquire B's share equally. What will be the new profit-sharing ratio of A and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 4:3:2. C retires, and no new agreement is made between the remaining partners. What will be the new profit-sharing ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 2:3:5. C retires, and A and B acquire C’s share in the ratio 1:4. What will be the new profit-sharing ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 1:1:1. C retires, and A and B acquire C’s share equally. What will be the new ratio?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B, and C share profits in the ratio 2:2:1. C retires, and A and B acquire C’s share equally. What is the new profit-sharing ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyWhat does the new profit-sharing ratio of the remaining partners represent when a partner retires?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA and B share profits and losses in the ratio of 5:7. The total credit of the Revaluation Account is ₹132000 and its total debit is ₹84000. What will be A’s share of the profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyThree old partners share in 2:2:1 and revaluation profit is ₹25000. What is the third partner's share?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAmit and Sumit share profits in the old ratio of 3:2. A profit of ₹10000 arises from revaluation. What will be Amit's share of this profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhen a new partner is admitted, why does an old partner who makes no sacrifice in profit share not receive a share of the goodwill amount?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyReema and Seema share profits in the ratio 3:5. Neema is admitted for a \(\frac{1}{8}\) share of the total profit. If Reema’s new share is \(\frac{1}{3}\), what will be Seema’s new share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 5:1. C is admitted for a 1/3 share of the profits. The remaining profits will be shared by A and B in the ratio 2:1. What will be the new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 5:6. C is admitted for a \(\frac{2}{11}\) share of the profits. If A’s new share is \(\frac{4}{11}\), what will be B’s new share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyA and B share profits in the ratio 7:5. C is admitted for a \(\frac{1}{3}\) share of the profits. After C’s admission, the new mutual ratio of A and B is 4:3. What will be the firm’s new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio \(2:1\). C is admitted for a \(\frac{1}{4}\) share of the total profits. A and B will share the remaining profits in the ratio \(5:1\). What is B’s sacrificed share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyAfter the admission of a partner, the new profit-sharing ratio is 3:2:1. What is the correct way to convert it into each partner’s share of profit?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioMedium AccountancyIn the new profit-sharing ratio 7:5:3, the new partner is in the third position. What will be the new partner’s share of the total profit?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyThe new partner’s share in the total profit is \(\frac{3}{10}\). What share of the profit will remain for the old partners?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyThe new profit shares of three partners are \(\frac{9}{20}\), \(\frac{7}{20}\), and \(\frac{4}{20}\), respectively. What is their new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy