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Sakshi and Jyoti share profits in (5:7). Priya gets (1/3) share and Sakshi and Jyoti's new ratio is fixed at (2:3). What is the complete new ratio?

Answer and explanation

Correct answer: (4:6:5)

The old partners' total new share is (2/3). Dividing it in (2:3) gives (4/15) and (6/15), while Priya has (5/15).

Related tags

Fixed New RatioAdmissionComplete RatioNew Profit Sharing RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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