Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

A and B are partners sharing profits in the ratio 3:2. C is admitted for a 1/6 share in the total profit, acquired entirely from B. What will be B’s new profit-sharing share?

Answer and explanation

Correct answer: 7/30

B’s old share under the 3:2 ratio was 2/5. Since C receives 1/6 of the total profit entirely from B, B’s new share is 2/5 − 1/6 = 12/30 − 5/30 = 7/30. Thus, 2/5 represents B’s old share, not his new share. Exam tip: convert both shares to a common denominator before subtracting the sacrificed share.

Related tags

Partnership AccountsAdmission Of PartnerGoodwill AccountingNew Profit Sharing RatioSacrifice RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.