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 share profits in the ratio 4:3. C is admitted for a 2/7 share of the total profit, acquired entirely from B. What will be the new profit-sharing ratio of A:B:C?

Answer and explanation

Correct answer: 4:1:2

The old ratio of 4:3 gives A a share of 4/7 and B a share of 3/7. Since C receives 2/7 entirely from B, B’s new share becomes 3/7 − 2/7 = 1/7, while A’s share remains 4/7. Therefore, A:B:C = 4/7:1/7:2/7 = 4:1:2. Exam tip: when the incoming partner’s share is acquired from only one existing partner, reduce only that partner’s share.

Related tags

Admission Of PartnerNew Profit Sharing RatioSacrificing RatioPartnership AccountingReconstitution 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.