Question : Hari, Mohan and Sohan are partners sharing profit and losses in the ratio of 5:3:2. Mohan died. His share of profit is to be taken by Hari and sohan in the ratio of 2:1. Calculate the new profit-sharing ratio and also calculate the gaining ratio
Option 1: New ratio 7:3 and Gaining ratio 2:1
Option 2: New ratio 7:3 and Gaining ratio 2:1
Option 3: Both A and B are correct
Option 4: None of the above
Correct Answer: New ratio 7:3 and Gaining ratio 2:1
Solution : Answer = New ratio 7:3 and Gaining ratio 2:1
Hari, Mohan and Sohan= 5:3:2 Mohan's share= $\frac{3}{10}$ Hari takes= $\frac{3}{10}×\frac{2}{3}$=$\frac{6}{30}$ Sohan takes= $\frac{3}{10}×\frac{1}{3}$=$\frac{3}{30}$. Hari=$\frac{5}{10}+\frac{6}{30}=\frac{15+6}{30}=21/ 30$ Sohan= $\frac{2}{10}+\frac{3}{30}=\frac{6+3}{30}=9/ 30$ N.P.S.R= 21:9= 7:3 G.Ratio= 2:1 Hence, the correct option is 1.
Question : Divya, Vikas and Varun are partners sharing profits in the ratio of 1/2: 1/8: 3/8 respectively. Vikas retires and surrenders 1/9 th from his share in favour of Divya and the remaining in favour of Varun. gaining ratio and new profit-sharing ratio will be :
Question : X, Y and Z are partners sharing profit and losses in the ratio of 3:2:1. Y died, and X and Z share profit and losses in the ratio of 3:2. Their gaining ratio will be
Question : Which of the following statements is incorrect?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile