Question:

Ashu and Basu are partners sharing profits and losses in the ratio of 2:1. Chetan is admitted as a new partner with \( \frac{1}{4} \) share in the profits, which he acquires equally from Ashu and Basu. The new profit-sharing ratio between Ashu, Basu, and Chetan will be:

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Always adjust the old partners' shares based on the sacrifice made to the new partner. Simplify ratios to avoid errors.
Updated On: Jan 27, 2025
  • 13:5:6
  • 13:2:1
  • 2:13:5
  • 1:1:1
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The Correct Option is A

Solution and Explanation

1. Chetan's share is \( \frac{1}{4} \), leaving \( \frac{3}{4} \) to be shared between Ashu and Basu. 2. Ashu and Basu sacrifice equally: \[ \text{Ashu's new share} = \frac{2}{3} \times \frac{3}{4} + \frac{1}{8} = \frac{13}{24}. \] \[ \text{Basu's new share} = \frac{1}{3} \times \frac{3}{4} + \frac{1}{8} = \frac{5}{24}. \] 3. Chetan's share is \( \frac{1}{4} = \frac{6}{24} \). Thus, the new ratio is \( 13:5:6 \). Hence, the correct answer is  (A).

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