Das and Sinha are partners in a firm sharing profits in a 4:1 ratio. They admitted Pal as a new partner for 1/4 share in the profits, which he acquire - Accountancy MCQ CUET Accountancy 2025 3 June Shift 2 2026 | ExamTest.live

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Das and Sinha are partners in a firm sharing profits in a 4 : 1 ratio. They admitted Pal as a new partner for \frac{1}{4} share in the profits, which he acquired wholly from Das. Determine the new profit sharing ratio among Das, Sinha, and Pal.

Solution & Step-by-step Explanation

Old shares of Das and Sinha are \frac{4}{5} and \frac{1}{5} respectively.Pal's share = \frac{1}{4} .Since Pal acquires his share entirely from Das: Das’s New Share = \frac{4}{5} - \frac{1}{4} = \frac{16 - 5}{20} = \frac{11}{20} Sinha’s Share = \frac{1}{5} = \frac{4}{20} Pal’s Share = \frac{1}{4} = \frac{5}{20} The new profit-sharing ratio is 11 : 4 : 5 .

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Das and Sinha are partners in a firm sharing profits in a 4 : 1 ratio. They admitted Pal as a new partner for \frac{1}{4} share in the profits, which he acquired wholly from Das. Determine the new profit sharing ratio among Das, Sinha, and Pal.

11 : 5 : 4

11 : 4 : 5

5 : 4 : 11

4 : 1 : 1 : 5

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