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

Pooja and Neha share profits in the ratio 7:3. Geeta is admitted for a \(1/10\) share of the total profit, contributed by Pooja and Neha in their old ratio. What will be Pooja’s new profit-sharing share?

Answer and explanation

Correct answer: \(63/100\)

After giving Geeta a \(1/10\) share, the remaining profit for the old partners is \(1-1/10=9/10\). Pooja’s old share was \(7/10\), and she receives the same proportion of the remaining profit. Therefore, her new share is \(9/10\times7/10=63/100\). The option \(7/10\) represents her old share, not her new share. Exam tip: first calculate the profit left for the old partners, then distribute it in their old ratio.

Related tags

Admission Of PartnerNew Profit Sharing RatioOld RatioProfit SharingClass 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.