1. X, Y, and Z are partners sharing profits in the ratio of 3:4:3 .Y retires and X and Z share their profits in an equal ratio. The new ratio of X and Z will be:
2. A, B, and C are equal partners in a firm. B retires and the remaining partners decide to share profits of the new firm in the ratio of 5:4. Gaining ratio will be:
5. Abhishek, Rajat, and Vivek are partners sharing profits in the ratio of 5:3:2 . If Vivek retires, the new profit-sharing ratio between Abhishek and Rajat will be:
7. Anand, Bahadur, and Chander are partners sharing profit equally. On Chander's retirement, his share is acquired by Anand and Bahadur in the ratio of 3:2. The new profit sharing ratio between Anand and Bahadur will be:
11. A, B, and C have been sharing profits in the ratio of 8:5:3 retires. B takes 3/16th share from A and C takes 5/16 share from A. The new profit sharing ratio will be:
13. Outgoing partner is compensated for parting with the firm's future profits in favor of the remaining partners. The remaining partners contribute to such compensation in:
14. A, B, and C are partners in 3:4:2. B wants to retire from the firm. The profit on revaluation on that date was ₹ 36,000. The new ratio of A and C is 5:3. Profit on revaluation will be distributed as:
21. X, Y, and Z are equal partners in a firm. Z retires from the firm. The new profit sharing ratio between X and Y is 1:2 . The gaining ratio will be:
23. At the time of retirement of a partner, a firm gets ............. from the insurance company against joint life policy taken jointly for all the partners.
24. A, B, and C are partners. Their capitals are ₹ 1,00,000, ₹ 75,000 and ₹ 50,000 respectively. On C's retirement, his share is acquired by A and B in the ratio of 6:4 Gaining Ratio will be:
25. x, y, and z are partners and share profits in the ratio of 5:3:2. y retires and x takes 1/10 from y and z takes 1/5 from y. The new profit sharing ratio will be:
26. The old profit-sharing ratio among Rajender, Satish, and Tejpal were 2:2:1. The new profit-sharing ratio after Satish's retirement is 3:2. The gaining ratio is:
28. Hari, Roy, and Prasad are partners and the profit sharing ratio is 3:5:1. Roy now wants to retire and his share is taken by Prasad. Find the new ratio of Hari and Prasad:
30. P, Q, and R are partners and share profit in the ratio of 5:3:2. R retires and surrenders 3/5th of his share in favour of P and 2/5th of the share to Q. Find a new profit sharing ratio:
31. In the absence of any information regarding the acquisition of a share in the profit of the deceased partner by the remaining partners, it is assumed that they will acquire her/his share:
35. Govind, Hari and Pratap are partners. On the retirement of Govind, Goodwill already appears on the Balance Sheet at ₹ 24,000. The goodwill will be written off:
(A) By debiting all partner's capital accounts in their old profit sharing ratio
(B) By debiting remaining partner's capital accounts in their new profit sharing ratio
(C) By debating retiring partner's capital account from his share of goodwill