110 Views

Question : A and B were partners sharing profits in the ratio of 5: 3. On 1st April, 2014 they admitted C as a new partner for I/4th share which he acquired from Z and B in the ratio of 3: 2. On 1st April 2015, another new partner D was admitted for 1 / 6 th share which he acquires 1/10 from A and 1/15 from C. On 1st April, 2016 A dies and his share was taken over by B, C and D equally.
Question:
New profit sharing ratio of B, C and D on A's death.

Option 1: 48: 37: 35

Option 2: 45: 33: 22

Option 3: 22: 15: 11

Option 4: None of the above


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: 48: 37: 35


Solution : Answer = 48: 37: 35

N.P.S.R= B: C:D if A died.

B takes= $\frac{45}{120}×\frac{1}{3}$= $\frac{15}{120}$.
C takes= $\frac{45}{120}×\frac{1}{3}$= $\frac{15}{120}$.
D takes= $\frac{45}{160}×\frac{1}{3}$= $\frac{15}{120}$.

B= $\frac{33}{120}+\frac{15}{120}$= $\frac{48}{120}$
C= $\frac{22}{120}+\frac{15}{120}$= $\frac{37}{120}$
D= $\frac{20}{120}+\frac{15}{120}$= $\frac{35}{120}$

N.P.S.R= 48:37:35
Hence, the correct option is 1.

Related Questions

CLAT Current Affairs with GK ...
Apply
Stay updated with current affairs & check your preparation with the CLAT General Knowledge Mock Tests Ebook
CLAT English Language Mock Tests
Apply
Free Ebook - CLAT 2025 English Language questions with detailed solutions
ICFAI Business School-IBSAT 2024
Apply
9 IBS Campuses | Scholarships Worth Rs 10 CR
CLAT Legal Reasoning Mock Tests
Apply
Free Ebook - CLAT 2025 legal reasoning questions with detailed solutions
GIBS Business School Bangalor...
Apply
100% Placements with 220+ Companies
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books