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Old partners share profits in the ratio 1:2:3. A new partner takes a 1/3 share, and the old partners’ new shares become equal. What is the new ratio?

Answer and explanation

Correct answer: 2:2:2:3

The governing concept is that all new profit shares together must equal one whole, while the stated condition determines how the remaining share is distributed. The new partner receives 1/3, so the three old partners together retain 1 − 1/3 = 2/3. Since their new shares are equal, each old partner receives (2/3) ÷ 3 = 2/9. The incoming partner’s 1/3 is 3/9. Therefore the four new shares are 2/9, 2/9, 2/9 and 3/9, giving the ratio 2:2:2:3. Option B is correct. The original ratio 1:2:3 does not determine the final proportions once the question explicitly states that the old partners’ new shares are equal. Option A incorrectly makes the incoming share equal to each old share.

Related tags

Equal-New-SharesRemaining-ProfitNew-RatioNew Profit Sharing RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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