Hi all,
can anyone suggest the solution for the below mention question?
(i) A and B are partners sharing profits in the ratio 1:2. C is admitted and the new profit sharing ratio
is 1:2:3. Sacrificing ratio is
(A) 1:3
(B) 2:1
(C) 3:1
(D) 1:2
Menu
Sacrifice ratio
Replies (13)
Answer = d (1:2)
but how???? Can u post the calculation??
Dear Jim
Just apply the formula of Old ratio (-) new ratio
Ok......
AS PER MY KNOWLEDGE THERE IS 1 THUMB RULE -
WHEN BOTH OLD & NEW RATIOS ARE GIVEN, OLD RATIO IS SACRIFICE RATIO ALWAYS.
Sacrificing Ratio = Old ratio-New Ratio
A: - 1/3-1/6 = 1/6
B:-2/3-2/6= 2/6
ANS : 1:2 (D).
Agree with Ravi Shankar
Ravi shankar is right.
Yes I did the same procedure applied by Ravi Shankar
answer is (D) - 1:2
Thanks to all FUTURE CA :)
The answer is 1:2
ANS IS 1:2
| Originally posted by : Mohika Sinha | ||
 |
answer is (D) - 1:2 |
 |
Recent Threads
- Please advice what itr to file for AY 2025-26
- Reporting Capital Gains of NRI in ITR
- Gratuity income as salary income on AIS portal. Is
- 80C deductions not being allowed in ITR2 for old r
- Unable to submit ITR 1 return
- Direct Tax(Income from Salary)
- Income from House Property or Business
- 44ADA Business code 14005
- How to rectify Form 67 that is already submitted
- Which year to consider for Property tax if sold af
Related Threads
CAclubindia
