Anshu and Nitu are partners, sharing profits in the ratio of 3 : 2. They admitted Jyoti as a new partner for 3/10 share which she acquired 2/10 from Anshu and 1/10 from Nitu. Calculate the new profit sharing ratio of Anshu, Nitu and Jyoti.
Correct Answer :
4 : 3 : 3
Solution :
The correct option is 4 : 3 : 3.
Here is the step-by-step explanation to calculate the new profit-sharing ratio:
Step 1: Note the old profit-sharing ratio and Jyoti's share.
The old profit-sharing ratio of Anshu and Nitu is 3 : 2.
This means Anshu's old share =
And Nitu's old share =
Jyoti is admitted for a share in the profits.
Step 2: Determine the sacrifice made by the old partners.
Jyoti acquires her share from the existing partners as follows:
Share acquired from Anshu =
Share acquired from Nitu =
Step 3: Calculate the new shares of Anshu and Nitu.
The new share of an existing partner is calculated by subtracting their sacrificed share from their old share:
For Anshu:
To subtract, make the denominators equal:
So,
For Nitu:
Making the denominators equal:
So,
Step 4: Find the new profit-sharing ratio.
Jyoti's share is already given as (which is also equal to ).
Comparing the new shares of Anshu, Nitu, and Jyoti:
Anshu : Nitu : Jyoti =
Since the denominators are all the same, the ratio is 4 : 3 : 3.
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