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

If A’s old profit-sharing share is \(\frac{2}{3}\) and A sacrifices \(\frac{1}{6}\) of the share, what will be A’s new profit-sharing share?

Answer and explanation

Correct answer: \(\frac{1}{2}\)

A partner’s new profit-sharing share is calculated by subtracting the sacrificed share from the old share: \(\frac{2}{3}-\frac{1}{6}=\frac{4}{6}-\frac{1}{6}=\frac{3}{6}=\frac{1}{2}\). Therefore, option A is correct. Option D is only the old share, not the revised share. Exam tip: In a sacrifice, new share = old share − sacrificed share.

Related tags

Admission Of PartnerNew Profit Sharing RatioSacrifice RatioAccountancyClass 12Reconstitution Admission Of A PartnerClass 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.