Patnership

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2011 P and Q are partners with PSR 1:1

R is admitted as a new partner for 1/4th sare which he fully receives from Q

then what is the new PRS of P Q & R

shakuntala chhangani

shakuntala chhangani (Expert)
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30 October 2011 Hi, the answer to ur question is :
Share given to R = 1/4
Remaining share = 3/4 for P and Q in 1 : 1
i.e. 1.5 for P and 1.5 for Q
hence new PSR = 1.5 : 1.5 : 1 i.e. 3:3:2
Regards, CA Shakuntala Chhangani

Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2011 thanks 4 the reply maam

but could u tell me that what will be the sacrificing ratio then ..

thanks alot in advance ...

shakuntala chhangani

shakuntala chhangani (Expert)
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31 October 2011 My dear friend, since the old ratio among P and Q is same as their new ratio (1:1 and 3:3), it means that their sacrifice ratio is also 1:1.
Regards, CA Shakuntala Chhangani

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