Question

Arun and Suraj were in partnership sharing profits and losses in the proportion of 3:2. Books of accounts are closed on 31st March, 2018. As from 1st April, 2017, they admitted Mohit into partnership giving him one-fourth share in future profits.
After admission of Mohit, the new profit-sharing ratio of Arun, Suraj and Mohit is

Answer 1

Answer:

Sold goods for Rs 1,20,000 to Munjal & Co. March 15. Paid for ... Q. 11 Anurag and Prem were partners sharing profits and losses in 2:1.

Answer 2

Question :

To Find New Profit Sharing Ratio Among Arun , Suraj, Mohit.

Given :

• Old Profit Sharing Ratio = 3 : 2

• Admitted Mohit by ¼ th Share.

Solution :

$\to \sf \: Share \: of \: Mohit \: = \frac{1}{4}$

$\sf \to \: Remaining \: Portion \: = 1 - \frac{1}{4} = \frac{3}{4}$

New Ratio :

$\bf Old \: ratio \: \times Remaining \: Portion$

New Ratio Of Arun :

$\sf \bullet \: Old \: Share \: = \frac{3}{5}$

$\sf \bullet \: Remaining \: Portion \: = \frac{3}{4}$

$\sf \: \: \: \: \: \to \: \frac{3}{5} \: \: of \: \: \frac{3}{4}$

$\: \: \: \: \: \to \sf \: \frac{3 }{5 } \times \: \frac{3}{4}$

$\sf \: \: \: \: \: \: \to \: \frac{9}{20}$

New Share Of Arun : $\sf \: \frac{9}{20}$

New Ratio Of Suraj :

$\bullet \sf \: Old \: Share \: = \frac{2}{5}$

$\sf \: \: \: \: \: \to \frac{2}{5} \: \: of \: \: \frac{3}{4}$

$\sf \: \: \: \: \: \: \: \to \:\frac{2}{5} \times \frac{3}{4}$

$\sf \: \: \: \: \: \to \: \frac{6}{20}$

New Share Of Suraj :$\sf \: \frac{6}{20}$

The Sharing Ratio between old partners = $\sf \frac{9}{20} : \frac{6}{20}$

New Ratio Of Mohit :

$\sf \: \: \: \: \: \: \to \: \frac{9 + 6}{20} = \frac{15}{20}$

$\sf \: \: \: \: \: \to \: 20 - 15 = 5$

$\sf \: \: \: \: \: \to \: \frac{5}{20} = \: ( \frac{1}{4} )$

New Share Of Mohit :$\sf \: \frac{5}{20}$

$\mapsto \sf \frac{9}{20 } : \frac{6}{20} : \frac{5}{20}$

$\bullet \bf \: \: 9:6 : 5$

$\therefore \sf new \: profit \: sharing \: among \: partners = 9 : 6: 5$