{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2024-09-23T08:03:36.436Z","dateModified":"2025-03-12T08:02:08.717Z","typicalAgeRange":"11-18","educationalLevel":"CUET (UG)","assesses":"Accountancy - Shares","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Shares"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Accountancy"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (UG)"}],"name":"Quiz about Shares","about":{"@type":"Thing","name":"Accountancy - Shares"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Shares","text":"P and Q are partners sharing profits in the ratio of $$2:1$$ . They admitted R into partnership giving $$ \\frac{1}{5}^{th}$$ share which he acquired from P and Q in $$1:2$$ ratio. Calculate the new profit sharing ratio}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"\"\""},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

\$2:1:2\$

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

\$1:1:3\$

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

\$3:1:1\$

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

\$20:5:9\$

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

\$3:1:1\$

","comment":{"@type":"Comment","text":"\"\""},"answerExplanation":{"@type":"comment","text":"The correct option is (C) : \$3:1:1\$"}}}]}

P and Q are partners sharing profits in the ratio of \(2:1\). They admitted R into partnership giving \( \frac{1}{5}^{th}\) share which he acquired from P and Q in \(1:2\)ratio. Calculate the new profit sharing ratio

The Correct Option is C

Solution and Explanation

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