CUET CUET Accountancy 2024 - Anshu and Nitu are partners, sharing profits in the ratio of 3:2. They admitted Jyoti as a new partner for 3/10 share which she acquired 2/10 from Anshu and 1/10 from Nitu. Calculate the new profit sharing ratio of Anshu, Nitu and Jyoti. | PYQs + Solutions

CUET Accountancy 2024

Accountancy

Admission of a Partner

Easy

Anshu and Nitu are partners, sharing profits in the ratio of 3:2. They admitted Jyoti as a new partner for 3/10 share which she acquired 2/10 from Anshu and 1/10 from Nitu. Calculate the new profit sharing ratio of Anshu, Nitu and Jyoti.

4:3:3

3:4:3

3:3:4

3:2:1

Correct Option: 1

Anshu and Nitu share profits in the ratio 3:2.

Total parts = 3 + 2 = 5 parts.

Jyoti gets a 3/10 share. She takes 2/10 from Anshu and 1/10 from Nitu.

New shares:

Anshu:

3/5 - 2/10 = 6/10 - 2/10 = 4/10

Nitu:

2/5 - 1/10 = 4/10 - 1/10 = 3/10

Jyoti:

3/10

So, the answer is Option 1: $4:3:3$ .