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A and B are partners sharing profits and losses in the ratio 3 : 1. They decided to admit C. C will be given $${\frac{1}{4}^{{\text{th}}}}$$ share in future profits of the firm which he takes from A and B in ratio 2 : 1. New profit sharing ratio will be:
A
4 : 3 : 1
B
7 : 2 : 3
C
3 : 1 : 7
D
7 : 3 : 2
Correct Answer:
7 : 2 : 3
X and Y are partners and sharing profits-losses in the ratio of 4 : 3. They admit Z in partnership giving $${\frac{1}{3}^{{\text{rd}}}}$$ share in profits/losses. If Z receives his share from X and Y in equal proportion, the share of Y in profits/loses in future will be
A
$$\frac{{11}}{{42}}$$
B
$$\frac{{17}}{{42}}$$
C
$$\frac{{14}}{{42}}$$
D
$$\frac{{28}}{{42}}$$
A and B are partners in a firm sharing profits in the ratio of 3 : 2. They admit X as a partner for $$\frac{1}{3}$$ share in profits of the firm. The new profit sharing ratio of A, B and X is
A
3 : 2 : 1
B
3 : 2 : 2
C
3 : 2 : 3
D
6 : 4 : 5
A and B are partners sharing profit and losses in 5 : 3. They decided to admit C and provide him $${\frac{3}{{10}}^{{\text{th}}}}$$ share in profits. what will be new profit sharing ratio between A, B and C?
A
10 : 20 : 30
B
1 : 7 : 2
C
3 : 6 : 1
D
35 : 21 : 24
X and Y were sharing profit and loss of the business in the ratio of 3 : 2. They decided to admit Z, who will get $$\frac{1}{3}$$ of X share of profit form X and $$\frac{1}{2}$$ of Y share of profit from Y. New profit sharing ratio will be
A
3 : 2 : 5
B
2 : 1 : 2
C
3 : 2 : 1
D
3 : 2 : 2
A and B share profits and losses in a firm in the ratio of 3 : 2. And C entered in the firm as a new partner; his profit sharing ratio is $$\frac{1}{4}$$. If C has taken his share of profit from A and B in equal ratio, then the new profit shearing ratio will be ?
A
19 : 11 : 1
B
19 : 11 : 10
C
10 : 11 : 9
D
10 : 11 : 19
The profit – sharing ratio of two partners is 2 : 3 if another partner is added with 40% of the profit – sharing ratio and the profit – sharing ratio of the initial two partners remains the same. Find the new profit – sharing ratio.
A
5 : 7 : 9
B
6 : 7 : 9
C
6 : 8 : 9
D
6 : 9 : 10
A and B are partners sharing profits and losses in proportion 2 : 1. They admits new partner C hom they give $${\frac{1}{5}^{{\text{th}}}}$$ share in profits. The new profit sharing ratio will be:
A
8 : 4 : 3
B
3 : 2 : 1
C
2 : 1 : 1
D
4 : 2 : 1
R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R given $${\frac{1}{4}^{{\text{th}}}}$$ of his share and S given $${\frac{2}{5}^{{\text{th}}}}$$ of his share to new partner. New profit sharing ratio of R, S and T will be
A
15 : 01 : 26
B
75 : 36 : 49
C
25 : 15 : 26
D
20 : 9 : 11
A and B are partners sharing profits and losses in the ratio of 1 : 2. They admit c and agree to give him $$\frac{1}{5}$$ of the share. The new profit sharing ratio will be:
A
8 : 2 : 2
B
6 : 4 : 3
C
8 : 3 : 4
D
4 : 8 : 3
Gautam and Mahavir are partners in partnership firm sharing profits and losses 5 : 3. They admitted navin for $${\frac{1}{5}^{{\text{th}}}}$$ share. What will be new profit sharing ratio of partners?
A
5 : 3 : 1
B
5 : 3 : 2
C
5 : 3 : 3
D
None of the above