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. Jyoti acquired 2/10 from Anshu and 1/10 from Nitu. Calculate the new profit sharing ratio of Anshu , Nitu and Jyoti
Anshu and Nitu are partners sharing profits in the ratio of 3:2. They admitted Jyoti as a new partner for 3/10 share. Jyoti acquired 2/10 from Anshu and 1/10 from Nitu. Calculate the new profit sharing ratio of Anshu , Nitu and Jyoti
Updated On: Oct 29, 2024
- 0.168784722222222
- 0.1278125
- 0.12712962962963
- 0.126400462962963
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The Correct Option is A
Solution and Explanation
Jyoti’s share is distributed from Anshu (2/10) and Nitu (1/10). After adjusting, the new ratio is 4:3:3.
Hence, the correct answer is Option 1.
Hence, the correct answer is Option 1.
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