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 6:5. C is admitted for a \(\frac{2}{11}\) share of the total profits, which is surrendered by A and B in the ratio 3:1. What will be B’s new profit-sharing share?

Answer and explanation

Correct answer: \(\frac{9}{22}\)

B’s old share is \(\frac{5}{11}\). Since the total sacrifice of \(\frac{2}{11}\) is divided between A and B in the ratio 3:1, B’s sacrifice is \(\frac{2}{11}\times\frac{1}{3+1}=\frac{1}{22}\). Therefore, B’s new share is \(\frac{5}{11}-\frac{1}{22}=\frac{9}{22}\). Exam tip: A continuing partner’s new share equals the old share minus the share sacrificed.

Related tags

New Profit Sharing RatioSacrificing RatioAdmission Of PartnerPartnership AccountsReconstitution 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.