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

After the retirement or death of a partner, the new profit-sharing fractions of two remaining partners are \(5/8\) and \(3/8\), respectively. What will be their new ratio?

Answer and explanation

Correct answer: 5:3

Since both profit-sharing fractions have the same denominator, their ratio is \(5/8 : 3/8 = 5:3\). Therefore, 5:3 is correct. 3:5 reverses the order of the partners. Exam tip: When fractions have a common denominator, compare their numerators directly to form the ratio.

Related tags

New RatioRetirement Of PartnerDeath Of PartnerProfit Sharing RatioPartnership AccountsNew RatiosReconstitution Retirement Or Death Of A PartnerAccountancy

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.