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Question : A, B, C and D are partners sharing profits in the ratio of 18: 15: 18: 3, D died and his share of profit is taken by the remaining partners A, B and C equally. The new profitsharing ratio will be 19:16:19.

Option 1: True

Option 2: False

Option 3: Can't say

Option 4: None of the above


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: True


Solution : Answer = True

A: B: C: D= 18: 15: 18: 3= 6: 5: 6: 1.

D's share= $\frac{1}{18}$

A takes=$\frac{1}{18}\times \frac{1}{3}$= $\frac{1}{54}$.
B takes=$\frac{1}{18}\times \frac{1}{3}$= $\frac{1}{54}$.
C takes= $\frac{1}{18}\times \frac{1}{3}$= $\frac{1}{54}$.

A= $\frac{6}{18}+\frac{1}{54}=\frac{18+1}{54}=\frac{19}{54}$
B= $\frac{5}{18}+\frac{1}{54}=\frac{15+1}{54}=\frac{16}{54}$
C= $\frac{6}{18}+\frac{1}{54}=\frac{18+1}{54}=\frac{19}{54}$

N.P.S.R= 19:16:19.
Hence, the correct option is 1.

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