Question:
Geeta and Hari were partners in a firm sharing profits and losses in the ratio of 3 : 2. Krish was admitted as a new partner for \( \frac{1}{5} \) share in profits of the firm which he acquired from Geeta and Hari in the ratio of 2 : 3. Krish brought ₹ 1,00,000 as his share of capital and ₹ 50,000 as premium for goodwill in cash. The sacrificing ratio of Geeta and Hari will be:
Geeta and Hari were partners in a firm sharing profits and losses in the ratio of 3 : 2. Krish was admitted as a new partner for \( \frac{1}{5} \) share in profits of the firm which he acquired from Geeta and Hari in the ratio of 2 : 3. Krish brought ₹ 1,00,000 as his share of capital and ₹ 50,000 as premium for goodwill in cash. The sacrificing ratio of Geeta and Hari will be:
Show Hint
The sacrificing ratio indicates the portion of their share in profits that each partner gives up to accommodate the new partner.
Updated On: Jan 18, 2025
- 3 : 2
- 1 : 1
- 2 : 3
- 13 : 7
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
To calculate the sacrificing ratio, we first need to determine the amount of profit each partner sacrificed for Krish. The total share acquired by Krish is \( \frac{1}{5} \), which is taken from the existing partners Geeta and Hari. Hence, the sacrificing ratio of Geeta and Hari will be in the ratio of their original shares, i.e., 2 : 3.
Was this answer helpful?
0
0
Top Questions on Miscellaneous
- If the system of equations \[ x + 2y - 3z = 2 \] \[ 2x + \lambda y + 5z = 5 \] \[ 4x + 3y + \mu z = 33 \] has infinite solutions, then \( \lambda + \mu \) is equal to
- JEE Main - 2025
- Mathematics
- Miscellaneous
- If the square of the shortest distance between the lines $$ \frac{x-2}{1} = \frac{y-1}{2} = \frac{z+3}{-3} \quad \text{and} \quad \frac{x+1}{2} = \frac{y+3}{4} = \frac{z+5}{-5}, $$ is $ \frac{m}{n} $, where $m, n$ are coprime numbers, then $m+n$ is equal to:
- JEE Main - 2025
- Mathematics
- Miscellaneous
- Find the value of \[ \sin 70^\circ \left( \cot 10^\circ \cot 70^\circ - 1 \right). \]
- JEE Main - 2025
- Mathematics
- Miscellaneous
- What is the shape of the \( \text{ClO}_2^- \) ion according to VSEPR theory?
- JEE Main - 2025
- Chemistry
- Miscellaneous
- In an oxidation-reduction reaction, what happens to the oxidation state of the central atom in \( \text{MnO}_4^- \) when it is reduced to \( \text{Mn}^{2+} \)?
- JEE Main - 2025
- Chemistry
- Miscellaneous
View More Questions
Questions Asked in CBSE CLASS XII exam
The correct IUPAC name of \([ \text{Pt}(\text{NH}_3)_2\text{Cl}_2 ]^{2+} \) is:
- CBSE CLASS XII - 2025
- Coordination Compounds
- A 1 cm segment of a wire lying along the x-axis carries a current of 0.5 A along the \( +x \)-direction. A magnetic field \( \mathbf{B} = (0.4 \, \text{mT}) \hat{j + (0.6 \, \text{mT}) \hat{k} \) is switched on in the region. The force acting on the segment is:}
- CBSE CLASS XII - 2025
- Magnetic Effects of Current and Magnetism
- Using integration, find the area of the region bounded by the line \[ y = 5x + 2, \] the \( x \)-axis, and the ordinates \( x = -2 \) and \( x = 2 \).
- CBSE CLASS XII - 2025
- Evaluation of Definite Integrals by Substitution
- Two conductors A and B of the same material have their lengths in the ratio 1:2 and radii in the ratio 2:3. If they are connected in parallel across a battery, the ratio \( \frac{v_A}{v_B} \) of the drift velocities of electrons in them will be:
- CBSE CLASS XII - 2025
- Current electricity
- Arun, Bashir and Joseph were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They admitted Daksh as a new partner who acquired his share entirely from Arun. If Arun sacrificed \( \frac{1}{5} \)th from his share to Daksh, Daksh's share in the profits of the firm will be :
- CBSE CLASS XII - 2025
- Partnership Accounts
View More Questions