P. Q and R are partners sharing profit in the ratio 5:3:2. On 1st April,2022, they admit S as a new partner for 1/5share which he acquires from P and Q equally. Calculate new profit share ratio. R has decided to retain his original share.
This question was previously asked in
Shift 12/06/2023 12:00 PM - 2:00 PM
A
4:2:1:1
B
4:2:2:1
C
4:3:2:2
D
2:1:1:1
Correct Answer
2:1:1:1
Detailed Explanation
R' original share of 1/ 5 is retained
and new partner ' s share is also 1/5
So option D satisfies both conditions.
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