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Class 12 · Accountancy

A, B and C share profits in the ratio 3:3:4. When C retires, the new profit-sharing ratio of A and B becomes 2:1. What is A’s gaining share?

Class 12 · Accountancy

A B and C share profits in 3:2:5. C retires. If A and B acquire C share in 2:3 what will be the gaining ratio?

Class 12 · Accountancy

What is the increase in the profit-sharing ratio of the continuing partners when a partner retires called?

Class 12 · Accountancy

If the retiring partner’s share of profit is \(\frac{4}{15}\) and the remaining partners acquire it in the ratio \(3:1\), what will be the first partner’s additional share?

Class 12 · Accountancy

If the retiring partner’s profit-sharing share is \(\frac{2}{9}\) and the two remaining partners acquire it equally, what additional share will each remaining partner receive?

Class 12 · Accountancy

If gaining ratio is 1:0 who is gaining?

Class 12 · Accountancy

If the gaining ratio is 0:1, what is its simple meaning?

Class 12 · Accountancy

If the gaining ratio of two partners is 3:4, which partner gains more?

Class 12 · Accountancy

Which ratio is found by comparing old and new shares?

Class 12 · Accountancy

A, B and C share profits in the ratio 15:5:10. A retires, and B and C continue to share profits in their old mutual ratio. What will be the new profit-sharing ratio of B and C?

Class 12 · Accountancy

A, B and C share profits in the ratio 12:8:4. When C retires, A and B continue to share profits in their old ratio. What will be the new simplified ratio of A and B?

Class 12 · Accountancy

A, B and C share profits in the ratio 2:4:4. A dies, and B and C acquire A’s share equally. What will be the new profit-sharing ratio of B and C?

Class 12 · Accountancy

A, B and C share profits in the ratio 6:1:3. A retires, and B and C acquire his share in the ratio 1:5. What will be the new profit-sharing ratio of B and C?

Class 12 · Accountancy

A, B and C share profits in the ratio 3:4:2. After C’s death, A and B acquire C’s share in the ratio 2:1. What will be the new profit-sharing ratio of A and B?

Class 12 · Accountancy

A, B and C share profits in the ratio of 9:4:5. B dies, and no new agreement is made. What will be the new profit-sharing ratio of A and C?

Class 12 · Accountancy

A, B and C share profits in the ratio 6:6:3. A dies, and no new agreement is made regarding the sharing of profits thereafter. What will be the simplified new profit-sharing ratio of B and C?

Class 12 · Accountancy

After the death of a partner, among whom are the firm’s future profits generally distributed?

Class 12 · Accountancy

Why does a retiring partner not share future profit?

Class 12 · Accountancy

After a partner’s retirement, the new profit-sharing shares of the two remaining partners are \(\frac{3}{8}\) and \(\frac{5}{8}\), respectively. What will be their new profit-sharing ratio?

Class 12 · Accountancy

After retirement, the new profit-sharing fractions of the remaining partners are \(6/11\) and \(5/11\), respectively. What will be their new ratio?