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Question
Arun and Barun share profits in the ratio of 2 : 1. Charan is admitted with a `1/5` share in profits. Charan acquires `2/3` of his share from Arun and `1/3` of his share from Barun. The new ratio will be:
Options
2 : 1 : 1
23 : 13 : 12
8 : 4 : 3
13 : 23 : 12
MCQ
Solution
8 : 4 : 3
Explanation:
Arun's New Share = `2/3 xx 4/5 = 8/15`
Barun's Share = `1/3 xx 4/5 = 4/15`
Charan's Share = `1/5 = 3/15`
∴ Arun : Barun : Charan = 8 : 4 : 3
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Effect of Admission of a Partner on Change in the Profit Sharing Ratio
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