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 15:10. C is admitted for a 1/5 share of the profits. This share is sacrificed by the old partners in their old ratio. What will be the simplified new profit-sharing ratio?

Answer and explanation

Correct answer: A : B : C = 12 : 8 : 5

The old ratio of A and B is 15:10 = 3:2. After C receives 1/5, the old partners together retain 4/5. Therefore, A’s new share is 3/5 × 4/5 = 12/25 and B’s new share is 2/5 × 4/5 = 8/25. C’s share is 1/5 = 5/25. Hence, the new ratio is 12:8:5. Option C incorrectly retains the old ratio without reducing A’s and B’s shares for C’s admission. Exam tip: when the new partner’s share is sacrificed by old partners in the old ratio, multiply each old share by (1 − the new partner’s share).

Related tags

Admission Of A PartnerNew Profit Sharing RatioSacrifice 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.