Das and Sinha are partners in a firm sharing profits in a ratio. They admitted Pal as a new partner for share in the profits, which he acquired wholly from Das. The new profit sharing ratio of the partners is:
- A11:4:5
- B11:5:4
- C9:4:5
- D7:3:5
Solution & Step-by-step Explanation
Let's calculate the new shares step-by-step:Old shares:
Pal's new share = Since Pal acquires his share wholly from Das, we deduct from Das's share, while Sinha's share remains unchanged.Das's New Share:
Sinha's New Share:
Pal's New Share:
The new profit-sharing ratio (Das : Sinha : Pal) is .
Pal's new share = Since Pal acquires his share wholly from Das, we deduct from Das's share, while Sinha's share remains unchanged.Das's New Share:
Sinha's New Share:
Pal's New Share:
The new profit-sharing ratio (Das : Sinha : Pal) is .