96 Views

Question :

Channi, Manni and Amar are partners sharing profits and losses in the ratio of 4:3:2. Amar retires from the business. Channi acquires 4/9th of Amar's share and the balance is acquired by Manni. The new profit-sharing ratio of Channi and Manni is 

 

Option 1: NPSR 44:37 and gaining Ratio 4:5

Option 2: NPSR 22:37 and Gaining Ratio 5:4

Option 3: NPSR 44:37 and gaining ratio is 4:2

Option 4: None of the above 


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: NPSR 44:37 and gaining Ratio 4:5


Solution : Answer = NPSR 44:37 and gaining Ratio 4:5

Amar's profit share is 2/9. Channi acquires 4/9th of 2/9, i.e.f 4/9 × 2/9 = 8/81.
The remaining profit share, i.e., 29 - 881 = 1081 is acquired by Manni.
Therefore, Gaining Ratio of Channi and Manni = 881: 1081 = 8:10 or 4: 5.
New Profit shares of Channi and Manni will be:

Charmi = 49 + 881 = 36 + 8 81 = 4481 ; Marmi = 39 + 1081 = 27 + 10 81 = 3781
Hence, the New Profit-sharing Ratio of Channi and Manni will be 44: 37.
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