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Class 12 · Accountancy
→When the entire profit share of a new partner is surrendered by only one existing partner, which statement about the new profit-sharing ratio is correct?
Class 12 · Accountancy
→A and B share profits in the ratio 10:7. C is admitted and receives a 3/17 share of profit exclusively from A’s share. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 4:11. C is admitted for a 2/15 share of profit, acquired entirely from B. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 7:6. On admission, C is given \(1/13\) of the total profit only from A’s share. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→If a new partner receives their entire share of profit solely from one existing partner’s share, which statement about the new profit-sharing ratio is correct?
Class 12 · Accountancy
→A and B share profits in the ratio 5:8. C is admitted and receives a 2/13 share entirely from A’s share. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 6:7. C is given 4/13 of the profits, and the remaining profit is shared between A and B in their old ratio. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 13:5. C is admitted for a \(1/9\) share, and the remaining profit is shared in the old ratio. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 3:10. C is given 3/13 of the profit, and the remaining profit is shared in the old ratio. What is the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 9:2. C is admitted with a 1/11 share of the profits. If the remaining profit is shared between A and B in their old ratio, what will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 2:7. C is admitted for a 2/9 share of the profit, and the remaining profit is shared between A and B in their old ratio. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 7:4. C is admitted for a 3/11 share of profit, and the remaining profit is divided in the old ratio. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio \(5:6\). New partner C is given \(\frac{1}{4}\) of the total profit. If the remaining profit is shared between A and B in their old ratio, what will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 8:3. C is admitted for a 2/11 share of the profits, and the remaining profit is divided between A and B in their old ratio. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 4:9. C is admitted for a 3/13 share of the profit, and the remaining profit is distributed in the old ratio. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 11:7. C is admitted for 1/6 of the total profit, and the remaining profit is shared in the old ratio. What will be the new profit-sharing ratio?
Class 12 · Accountancy
→A and B share profits in the ratio 5:7. C is admitted for a \(\frac{1}{4}\) share of the total profit, contributed by A and B in the sacrificing ratio of 1:2. What will be B's new share?
Class 12 · Accountancy
→Assertion: The new profit sharing ratio includes the new partner. Reason: After admission the new partner is entitled to share future profits. Choose the correct option.
Class 12 · Accountancy
→After 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 12 · Accountancy
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