Question Details

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.

Options

A

4 : 3 : 3

B

3 : 4 : 3

C

3 : 3 : 4

D

3 : 2 : 1

Show Answer

Correct Answer :

Option A

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 = 35
And Nitu's old share = 25
Jyoti is admitted for a 310 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 = 210
Share acquired from Nitu = 110

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:
New Share=Old Share-Share Sacrificed

For Anshu:
Anshu's New Share=35-210
To subtract, make the denominators equal:
35=610
So, Anshu's New Share=610-210=410

For Nitu:
Nitu's New Share=25-110
Making the denominators equal:
25=410
So, Nitu's New Share=410-110=310

Step 4: Find the new profit-sharing ratio.
Jyoti's share is already given as 310 (which is also equal to 210+110).
Comparing the new shares of Anshu, Nitu, and Jyoti:
Anshu : Nitu : Jyoti = 410:310:310
Since the denominators are all the same, the ratio is 4 : 3 : 3.

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