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

Ajay and Vikas share profits in the ratio \(5:4\). Mohit is admitted for a \(1/9\) share of profits, which is surrendered by Ajay and Vikas in their old ratio. What will be Ajay’s new share of profit?

Answer and explanation

Correct answer: \(40/81\)

Mohit receives \(1/9\), so the share left for the old partners is \(1-1/9=8/9\). Ajay’s old proportionate share was \(5/9\). Therefore, Ajay’s new share is \(8/9\times5/9=40/81\). The option \(5/9\) represents Ajay’s old share, not his share after admission. Exam tip: When the incoming partner’s entire share is given in the old ratio, calculate each old partner’s new share as remaining profit × old proportionate share.

Related tags

Admission Of A PartnerNew Profit Sharing RatioOld RatioPartner AdmissionClass 12 AccountancyReconstitution 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.