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, B and C share profits in the ratio 2:5:3. B dies, and A and C acquire B’s profit share equally. What will be the new profit-sharing ratio?

Answer and explanation

Correct answer: 9:11

A, B and C originally have shares of 2/10, 5/10 and 3/10, respectively. B’s share of 5/10 is acquired equally by A and C, so each receives 5/20, or 1/4. Therefore, A’s new share is 2/10 + 1/4 = 9/20, while C’s new share is 3/10 + 1/4 = 11/20. Hence, the new ratio is 9:11. Exam tip: Divide the deceased partner’s share among the gaining partners first, then compare their revised shares.

Related tags

Partner DeathNew RatioProfit SharingRetirement And DeathReconstitutionNew 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.