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

Mohan and Sohan share profits in the ratio 5:3. Rohan is admitted for a 1/4 share, which is taken entirely from Mohan’s share. What will be the new profit-sharing ratio?

Answer and explanation

Correct answer: Mohan : Sohan : Rohan = 3 : 3 : 2

Mohan’s old share was 5/8 and Sohan’s was 3/8. Rohan receives 1/4 = 2/8 entirely from Mohan, so Mohan’s new share becomes 5/8 − 2/8 = 3/8. The new shares are therefore 3/8, 3/8 and 2/8, giving the ratio 3:3:2. Exam tip: If the incoming partner’s share is taken from only one old partner, reduce only that partner’s share.

Related tags

Admission Of PartnerNew Profit Sharing RatioSacrifice RatioPartnership AccountsClass 12Reconstitution 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.