A, B, and C share profits in the ratio 4:3:2. If C retires and A and B decide to share C’s portion equally, what will be the new profit-sharing ratio?

New Profit Sharing Ratios Quiz

Quiz
•
Other
•
11th Grade
•
Hard

Muhammad Javed
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5:4
6:5
7:5
8:6
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
10:5
8:4
9:4
11:5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7:4
6:5
8:5
9:6
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
X, Y, and Z share profits in a ratio of 6:4:2. If Z retires and X takes 60% of Z’s share while Y takes 40%, calculate the new profit-sharing ratio.
7:5
8:4
9:5
10:6
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3:2
4:3
5:3
6:4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a partnership, the profit-sharing ratio is 3:2:1. If the partner with the smallest share retires and the remaining partners share the retiring partner's share equally, what is the new ratio?
4:3
5:3
3:2
7:5
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A partnership has a profit-sharing ratio of 5:3:2. If the partner with the middle share retires and the remaining partners agree to share the retiring partner's share in the ratio 2:1, what is the new profit-sharing ratio?
7:3
6:4
8:4
9:3
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a business, partners share profits in the ratio 4:3:3. If the partner with the smallest share retires and the remaining partners decide to share the retiring partner's share equally, what is the new profit-sharing ratio?
5:4
6:5
7:5
8:6
Similar Resources on Quizizz
8 questions
Partnership Dissolution and Insolvency Quiz

Quiz
•
11th Grade
13 questions
Partnership grade 10

Quiz
•
10th - 12th Grade
10 questions
BASIC ACCOUNTING CUP-difficult

Quiz
•
KG - Professional Dev...
10 questions
RETIREMENT OF PARTNER

Quiz
•
11th - 12th Grade
8 questions
Understanding Goodwill in Partnerships

Quiz
•
11th Grade
8 questions
Partnership Revision

Quiz
•
9th - 12th Grade
13 questions
On Pace Peeps Revision Quiz 1

Quiz
•
11th - 12th Grade
10 questions
Project SEARCH Quiz

Quiz
•
8th Grade - University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
Discover more resources for Other
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
10 questions
Right Triangles: Pythagorean Theorem and Trig

Quiz
•
11th Grade
65 questions
MegaQuiz v2 2025

Quiz
•
9th - 12th Grade
10 questions
GPA Lesson

Lesson
•
9th - 12th Grade
15 questions
SMART Goals

Quiz
•
8th - 12th Grade