P, Q & R are partners in a partnership firm named RAWAT SOLUTIONS and sharing profits in the ratio of 4:3:1. Q retires and sold his share of profits to other partners for ₹8,100. ₹3,600 was paid by P and ₹4,500 was paid by R. Profit of the year after Q's retirement is ₹10,500. |
What will be the new profit sharing ratio? |
2:1 1:2 4:5 5:4 |
2:1 |
The correct answer is option 1- 2:1. Old ratio is 4:3:1 R acquires = 5/9 x 3/8 New share = Old share + Acquired share P's new share = 4/8 + 1/6 R's new share = 1/8 + 5/24 New ratio = 2/3 : 1/3 |