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Question : 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.

 

Option 1: 4:3:3

Option 2: 3:4:3

Option 3: 3:3:4

Option 4: 3:2:1


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: 4:3:3


Solution : New Share = Old Share - Sacrificed Share.

Anshu's Share = 3/5 - 2/10 = 4/10, Nitu's Share = 2/5 - 1/10 = 3/10.

New Profit Sharing Ratio of Anshu, Nitu and Jyoti = 4 : 3 : 3.

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