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Question
Bina and Ria are partners sharing profits in the ratio of 5 : 3. They admitted Siya as a new partner for 3/8th share which she acquired 2/8th from Bina and 1/8th from Ria. The new profit sharing ratio of Bina, Ria and Siya will be ______.
Options
3 : 2 : 3
2 : 3 : 3
5 : 5 : 6
9 : 1 : 6
Solution
Bina and Ria are partners sharing profits in the ratio of 5 : 3. They admitted Siya as a new partner for 3/8th share which she acquired 2/8th from Bina and 1/8th from Ria. The new profit sharing ratio of Bina, Ria and Siya will be 3 : 2 : 3.
Explanation:
Old Ratio of Bina and Ria = 5 : 3
Siya's Share = `3/8`
Bina's New Share = `5/8-2/8=3/8`
Ria's New Share = `3/8-1/8=2/8`
New Profit sharing Ratio of Bina, Ria and Siya = `3/8 : 2/8 : 3/8`
= 3 : 2 : 3
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Liabilities |
Amount Rs |
Assets |
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|
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|||
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