Question

P and S are partners sharing profits in the ratio of 3 : 2. R is admitted with `1/5`th share and he brings in ₹ 84,000 as his share of goodwill which is credited to the capital accounts of P and S respectively with ₹ 63,000 and ₹ 21,000. New profit sharing ratio will be:

Options

• 3 : 1 : 5

• 9 : 7 : 4

• 3 : 2 : 5

• 7 : 9 : 4

Answer 1

9 : 7 : 4