HomeTestsSearchRankProfile
mediumMCQCUET Accountancy 2025 22 May Shift 12026Accountancy
1 mark

A and B share profits in the ratio of . C was admitted as a partner who gets share. New profit sharing ratio, if C acquires from A and from B, would be:

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

Solution & Step-by-step Explanation

Let's calculate the new shares step-by-step:Old Shares: Sacrifice by A to C = Sacrifice by B to C = New Share of A:


New Share of B:

Share of C:

Combining these, the new profit sharing ratio among A, B, and C is .

Practice this question

Try it yourself before checking the explanation above.

A and B share profits in the ratio of . C was admitted as a partner who gets share. New profit sharing ratio, if C acquires from A and from B, would be:
A
B
C
D

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Accountancy.

Discussion