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and are partners in a firm sharing profits and losses in the ratio of . They admit as a partner for share in the profits of the firm. Calculate the new profit sharing ratio of , and if acquires his share as from and from .

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

Old shares are and .
Calculate the new shares by subtracting what acquires from each:





Share of :



Thus, the new profit sharing ratio of is:

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and are partners in a firm sharing profits and losses in the ratio of . They admit as a partner for share in the profits of the firm. Calculate the new profit sharing ratio of , and if acquires his share as from and from .
A
B
C
D

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