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, C and D share profits in the ratio 8:4:3:1. A retires, and B, C and D acquire A’s share equally. What will be the new profit-sharing ratio?

Answer and explanation

Correct answer: 20:16:11

The governing concept is the calculation of a new profit-sharing ratio after retirement. The total of the old ratio is 16, so A’s share is 8/16 = 1/2. This retiring share is acquired equally by three continuing partners; therefore each receives 1/2 × 1/3 = 1/6. B’s new share is 4/16 + 1/6 = 5/12, C’s is 3/16 + 1/6 = 25/48, and D’s is 1/16 + 1/6 = 11/48. Expressing all shares over 48 gives B = 20/48, C = 16/48 and D = 11/48. Hence the new ratio is 20:16:11, so option A is correct. The other options either ignore equal acquisition or use incorrect additions.

Related tags

RetirementNew Profit-Sharing RatioEqual AcquisitionNew RatiosReconstitution Retirement Or Death 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.