1 :- Deepak, Ram and Saurav were partners sharing profits in the ratio of 1/2, 2/5 and 1/10. Find the new ratio profit sharing ratio of the remaining partners if Saurav dies.
2 :- From the following particulars, calculate new profit-sharing ratio of the partners:-
(a) Shiv, Mohan and Hari were partners in a firm sharing profits in the ratio of 5:5:4. Mohan died and his share was taken equally by Shiv and Hari.
(b) P, Q and R were partners sharing profits in the ratio of 5:4:1. P died.
3 :- Keshav, Nirmal and Pankaj are partners sharing profits in the ratio of 5:3:2. Pankaj died and his share is taken by Keshav.
Calculate new profit-sharing ratio of Keshav and Nirmal.
4 :- A, B and C were partners sharing profits in the ratio of 4:3:2. A died, B and C will share profits in the ratio of 2:1. Determine the gaining ratio.
5 :- (a) W, X, Y and Z are partners sharing profits and losses in the ratio of 1/3, 1/6, 1/3 and 1/6 respectively. Y died and W, X and Z decide to share the profits and losses equally in future.
(b) A, B and C are partners sharing profits and losses in the ratio of 4:3:2. C died. A takes 4/9 of C’s share and balance is taken by B.
Calculate the new profit sharing ratio and gaining ratio.
Question 1 to 5 (New Profit – Sharing Ratio and Gaining Ratio)
Question 6 to 8 (Deceased Partner’s Share of Goodwill)
Question 9 to 13 (Calculation of Profit Share of a Deceased Partner)
Question 14 to 18 (Calculation of Profit Share of a Deceased Partner)
Question 19 to 23 (Calculation of Profit Share of a Deceased Partner)
Question 24 (Deceased Partner’s Share of Goodwill and Profit)
Question 25 to 29 (Determination of Amount Payable to Executors of a Deceased Partner)
Question 30 to 33 (Determination of Amount Payable to Executors of a Deceased Partner)
Question 34 (Adjustment of Capital)
Question 35 (Section 37 of the Indian Partnership Act)