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 8:7. C is admitted as a partner and is given 1/5 of the total profit. C’s share is contributed by taking 1/10 each from A and B. What will be the new profit-sharing ratio of A, B and C?

Answer and explanation

Correct answer: A : B : C = 13 : 11 : 6

A’s old share is 8/15 and B’s old share is 7/15. C receives 1/5 = 6/30, contributed equally by A and B through 1/10 each. Thus, A’s new share is 8/15 − 1/10 = 13/30, while B’s new share is 7/15 − 1/10 = 11/30. Therefore, the new ratio is 13/30 : 11/30 : 6/30 = 13 : 11 : 6. Exam tip: Convert the old ratio into fractional shares first, then subtract each partner’s sacrifice.

Related tags

Admission Of PartnerNew Profit Sharing RatioSacrificing RatioPartnership AccountingClass 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.